JUMIA is a German company that operates in Africa and is most known for its e-commerce side.
but, in my opinion, most interesting thing about this company is its other 2 parts of the company.
jumia logistics -> this part of the company offers logistic to the main e-commerce, BUT also is now open to third parties, both local sellers who wants to operate with...
Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates.
They kept diluting their shares in the last year and investors were disappointed by the results.
i see two scenarios:
it bounces from this support and the price target is the 21usd resistance.
it drops to 8usd, according to the head and shoulders...
