mohanee

JMIA ... CUP and Handle patteran and pocketpivots found on H

Long
mohanee Updated   
NYSE:JMIA   Jumia Technologies AG
for JMIA , I see CUP and Handle pattern on Hourly chart. Also found ocket pivots for 2 days. (see those cnadles highlighted in yellow color) ... That means volume is increasing , you have CUP and Handle pattern ... once it breaks the resitance line ... It will go up further ...

See the explanation on the chart ... Let me know your comments ...



Warning
This is not finnacial advise ... for trading decissions please do your own research
Comment:
22 Jan 2021
This pattern working ... It broke above the resistance at 48 and came out cup and handle pattern . volume is registered high ... So we should expect further move upside ... whoever followed the idea ... congrats and have fun ...
Comment:
see the latest chart here ...

Trade closed manually:
This is closed on Jan 25th and 26th for 60 and 58 dollars respectively
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