NgBinhMinh

JMIA BUY OR LONG , TARGET UP TO $16

Long
NgBinhMinh Updated   
NYSE:JMIA   Jumia Technologies AG
JMIA probably waking up after a long day of hibernation, this is a risky deal but I set aside 5% of my assets to buy today and a 10% stop loss.
Pattern : This is the opposite of the "Cup and Handle" type, there is a lot of evidence of past stocks that have worked very well because
this model, I'll update in the comment section.


JMIA buy : $9.2 +- 0.1
JMIA target : $16
Stop loss : 10%

This is a potential but high risk deal, I only bought vs 5% of the assets.


Wish you good deals!
Comment:
Although Target has completed, who gave me any thought? It goes on $20 ?
Trade closed: target reached

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