Jumia technologies is been on a recent sell off according to the historic patterns it has always bounced back around the low 30s I think this is the case here too. It might be in a down trend until 32 ish and will bounce back. I am still very bullish on the stock as it got good potential.
Sincerely, please short this company.
If you've already heard of Jumia, then you probably don't need to read any of this - just know that it is a technical sell at the moment.
If you haven't heard of Jumia, then you're in for a treat. This ticker has been pumped by bulls and bears alike, sporting the title of "Amazon of Africa." Let me tell you, it is not. In...