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mzombie2
Nov 9, 2020 12:28 AM

Jumia Technologies back to $14 Short

Jumia Technologies AGNYSE

Description

Lets be honest here, JMIA will report earnings on Tuesday premarket and tell us they are still losing money and won't be profitable until years to come. If we do crash like im expecting we do... this could very well be the final dip. JMIA has had some good things going for it like working with Microsoft but I think we see ONE LAST EARNINGS DUMP!

CHART LOOKS VERY BULLISH but with earnings it doesn't.

Trade closed: target reached

I made north of 100% on puts, good trade just like last time.
Comments
RagingBull6969
I hope you went long after you sold puts
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