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$JMIA is going down

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Jumia Technologies AG (NYSE:JMIA)  
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NYSE:JMIA   Jumia Technologies AG
Trend Analysis Technical Indicators Fundamental Analysis jmiadown jmiasold jmiastock
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trendanalysis indicator fundamental jmiadown jmiasold jmiastock
(1) On weekly timeframe I found divergence of RSI and crossing Stochastic RSI
(2) JMIA broke our Ascending wedge support line
(3) Broken Fib retracement, next support is on 33.61
I'm still thinking JMIA is overvalued

Wish all of you a good trading day!

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$JMIA is ready to be massively SOLD!
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