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Analysis: #NYSE $JMIA
Case 490 #Jumia Technologies AG
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#JMIA 1/4
Case 490 #Jumia Technologies AG
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#JMIA 1/4
Chart 1
Weekly Chart: Mild #support is seen around 7.87/49 and below that a control level at 6.60 with the #SMA 50 closing in at 6.45, farther down a 2nd control at 4.11. To the upside, immediate #resistance at 8.95, then a balance point at 12.41 with .....
JMIA 2/4
Weekly Chart: Mild #support is seen around 7.87/49 and below that a control level at 6.60 with the #SMA 50 closing in at 6.45, farther down a 2nd control at 4.11. To the upside, immediate #resistance at 8.95, then a balance point at 12.41 with .....
JMIA 2/4
..... a close above control 14.57 targeting 20.34- 21.00 rather quickly. Farther up the June 2019 #trendline, sloping 23.27.
JMIA 3/4
JMIA 3/4
