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WadeYendall
Apr 5, 2022 12:15 AM

JMIA on watch Long

Jumia Technologies AGNYSE

Description

JMIA has broken out of a decent base and the downward trendline. Needs to hold above the trendline and green box. Will be waiting for some consolidation or pull back before entry. Good chance this moves higher if the growth names continue to show strength. First target would be the 15.50.

Comment

Staying patient with yields rising. Pull back to the trend line coupled with a pull back in yields and this could go. No position yet.
Comments
Vibranium_Capital
This name brings back good memories
WadeYendall
@Vibranium_Capital, Yes it went on a good run, but then tanked with the rest of growth. Lets see if it can find some footing.
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