frankfrisby

frankfrisby

Do not use this as trading advice. I have looked at the chart and it seems that this is what the charts look like could happen. There is a wedge forming. Also it seems like this is going to drop to the support line. Unless there is big news, It seems like it's going to drop again to a partial low around feb 22. And it might hit a support line low around mid feb....

frankfrisby

We are in a down turn on jumia. But that's just where it seems it's going. There is a lot of other issues going on in the broader markets.

frankfrisby Updated 

The company has tested this before but there is a lot of strength in the RSI and MACD showing there is a push to get past this resistance. I think this might push to $55 if it break past this. It's just my opinion. But we shall see where it its. I'm just giving an idea for entertainment. I'm not providing advice.

frankfrisby

Note all of this is just ideas. I could be wrong. Just sharing some thoughts. Made a prediction a back in November. That prediction still seems to hold. The play acted sooner than I thought but trajectory is the same. I am thinking there is another run at the start of the new year when the new calendar year begins. Today is the last trading day of the year so I...

frankfrisby Updated 

I am thinking that the SBE will have a sell off for multiple reasons. I have already had this graph but I figure I show a few more things.

frankfrisby Updated 

This is looking at Jumia in terms of a few month. I could be wrong but the percentage growth might not grow as super fast as it once did. But it will continue to grow pretty well. Especially after the new years and getting closer to earnings.

frankfrisby Updated 

Just an idea of where it could go with different events going on.

frankfrisby

I could be wrong but I am thinking there will be a small sell off on Jumia as a way to correct the stock. Now that the company has more traction because of its growth in Africa, it will keep building steam even ahead of earnings in March. I think the stocks is a good stock. Could be wrong.

frankfrisby

I'm thinking that the SBE is going to have some pull back in the earl part of December. I could be very wrong on this idea. But I think people are going to take profits on this.

frankfrisby Updated 

Because of the elections, Covid-19, uncertainty of unemployment, the market could move in many ways. But this stock shows a lot of momentum going up. But at the same time, it could go in any direction. This is just an idea that I have in mind.