Jumia Technologies AG
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I see a potential squeeze coming ๐Ÿ‘€๐Ÿš€

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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
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง first target hit then the momo died, ah jmia isnt the same stock it use to be. and thats ok!
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง

Round number support level, resistance = support area too.. you want to see a bounce here if your long
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง bulls trying to hold the line. choppy week overall
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง all targets smashed, congrats to JMIA longs. and goodnight to shorts
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง all targets smashed
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง looks like a break over 7 is bound to happen. after that we say hello to 10-20 range in no time
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง 5.5 may be a good dip entry here
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง we have seen this before
ื”ืขืจื”
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 ืชืžื•ื ืช-ื‘ื–ืง
Chart PatternsTrend Analysis

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