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Bearypatch
Aug 3, 2020 9:33 PM

Short correction 

Jumia Technologies AGNYSE

Description

1 hr 4 hr and 1 day all over 90 RSI and expect a bounce back to at least $20.00 or even maybe $18.50 after open tomorrow then after RSI goes down it should bounce back and pass $23.00 with ease.

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exactly what happened

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Sold at 22.80 bought back in at 18 with a stop loss at 17.10, now hoping to break 23 in next day or so

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Watching for the 1 hour to bounce off the 20MA and hold and go back up, if it doesnt then then my stop loss will be tested

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Didn't expect it to correct this much but it looks like its bottoming out
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