Jumia $JMIA - investment idea 💡

This stock been trading for a while in the demand zone, giving great opportunity to buy the dip for it's low risk and great target potential. I expect it to up if not today it will be in a few days.

❌ - Volume looks good bust still under the average
✅ - Double bottom
✅ - Bullish price action on the daily (Bullish Doji)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (-23.9%)
✅ - MA200 (+31.35%)
❌ - Pivots: (-10.46%)

⏰ - Breakout 1: $40.37
🚀 - Potential targets (🚀247% by 20/07/2021)
🪂 - If things goes wrong better to exit if $32.60 didn't hold
🚦 - Next entries in case if dropped: $26.82

⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!