Stock to watch: Jumia Technologies AG (JMIA) - re-upload

Long

Jumia Technologies AG (NYSE:JMIA)

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NYSE:JMIA Jumia Technologies AG

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JMIA

Re-uploading the original idea from Nov 24 (which was brutally deleted by the moderators LOL) 👇🏻

Original chart from Nov 24

Original idea was: This stock showed almost 300% growth since October and has a lot of momentum to show. Buy/Sell Zones indicates a 7-day green zone. Targets for a long play: the all-time high (which is slightly above the 1 Fibonacci) up to 2 Fibonacci.

Even though the asset already showed a good move, there is a chance to jump in Long as the potential targets are still on the way.

Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.

Trade attivo:

A stop was hit but I re-entered in the same direction, targets are still the all-time high and up to 2 Fib

Trade attivo

Idee correlate

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