Bullishcharts

$JMIA Jumia Technologies Chart Analysis

Long
Bullishcharts Updated   
NYSE:JMIA   Jumia Technologies AG

JMIA has now reached the Overall Fibonacci Golden in the afterhours action.
This is a critical level for the Bulls to crossover and a typical rejection/sell level.
Tuesday will for sure tell us just how strong the Bullish sentiment is.
If not long best to wait for a break above $33.10 and a possible back-test as support.
Volume resistance is low and little trapped longs.
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Potential Fibonacci targets

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