$JMIA - Bullish Exploration of New ATH
Falling Wedge breakout trade closed ($33-$40).
Now looking for exploration beyond ATH.
Depth of retracement (38.2% or ~$35) gives me an extended target of the 61.8% extension (~$51.50).
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Now looking for exploration beyond ATH.
Depth of retracement (38.2% or ~$35) gives me an extended target of the 61.8% extension (~$51.50).
- TG1 on breakout: $46
- TG2: $51.75
- Invalidated: <$37
Like & follow if you enjoy my work :)
Note
Wetting my beak here. Jan 45Note
Caught a nice bid today and held above the previous ATH. Swinging this with January expiration, already in small profit.Note
TG2 hit 🎯 Trim & holdTrade closed: target reached
Closed this trade to reduce stim weekend risk. Great trade - Entry at $38-$39, exit at $45.80-$48.50
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.