Para continuar con la idea del post anterior que compramos en $5.70 y las devolvimos en $9.03, entramos en $7,10 nuevamente
Podria bajar hasta 6,83 y estaria ok.
No me gusta el mercado en general y ahi tengo dudas
$JMIA is on the verge of an epic short squeeze. While the shorts have been right on the money so far, we believe they have overstayed their welcome and are going to be forced to cover.
Yesterday's news:
Jumia (NYSE:JMIA) has named Kenneth Oyolla as its new chief commercial officer, replacing Diana Owusu-Kyereko, according to Business Standard...
H/S bottom coming out of a near 12 month channel + a retest of the neckline.
What is JMIA -
"Jumia is an online marketplace in Africa for electronics, and fashion among others.The company is also a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among...
Seems a lot of investment is coming into Africa and this stock is still trading below it's IPO price. There is some room for it to go if it breaks above the $8 dollar mark
JMIA has had a tough year so far however the past few months have shown signs of accumulation and also the RSI has had higher lows.
The current dip in price is still having support on the trendline.
Expecting the asset to go higher in Q1/Q2 2020.
Note: This is not financial advise. Please do your own research.
I wish that the run-up to this squeeze continued for a bit longer, but I'm not complaining. It could break out at any moment (probably to the upside!!!!!!)
JUMIA has a big shock after its IPO, which rocketed and plunged after that.
Now the price stops dropping and begins to consolidate near 10.
We don't know whether it starts to bottom up, but if the price break out this zone and pull back, then the bottom will be conformed.
So if you are a radical trader, you can buy some now and set the SL below 10 .
If you are a...
