$JMIA Overbought - Short term retrace
Short term bearish - this will need a healthy retrace before heading higher most likely. I'm long term bullish based on the fundamentals.
With the volume seen today, this would be a risky short. I would set a stop just above $16.
Near term target: $12-$13 range
Note: This is not investment advice.
Short term bearish - this will need a healthy retrace before heading higher most likely. I'm long term bullish based on the fundamentals.
With the volume seen today, this would be a risky short. I would set a stop just above $16.
Near term target: $12-$13 range
Note: This is not investment advice.