Jumia Technologies AGUpdated JMIA falling wedge
Looking for breakout above resistance of $12.57. Once broken, can see $14.97 (second resistance).
First support level $11.37 (look for a bounce off of this level). If it can't hold, we may see as low as $9.95 again.
First support level $11.37 (look for a bounce off of this level). If it can't hold, we may see as low as $9.95 again.
Note
Broke through resistance, as predicted!!! Next minor resistance looks to be around $13.19.Trade active
$12.57 is now considered new support level (old resistance). First (major) target price: $14.97. A clean break of $14.97 and we could see 17.90s relatively quickly.
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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.