JMIA is break strong trend resistance today but still below its most recent lower high..
Break of that recent lower high/3 dollar round number resistance and I think a quick rally to 3.66-4.48
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first target hit then the momo died, ah jmia isnt the same stock it use to be. and thats ok!
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Round number support level, resistance = support area too.. you want to see a bounce here if your long
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bulls trying to hold the line. choppy week overall
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all targets smashed, congrats to JMIA longs. and goodnight to shorts
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all targets smashed
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looks like a break over 7 is bound to happen. after that we say hello to 10-20 range in no time
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5.5 may be a good dip entry here
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we have seen this before
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JMIA resistance = support scenario, but like ive said before this is not the same jmia from the last bull market, i dont think it can hit 20-40 again, 7-10 short term is more realistic
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