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donaitelo
11. Aug. 2021 08:52

JMIA - Break through the channel on Divergence Long

Jumia Technologies AGNYSE

Beschreibung

Hello everyone,

I hope you are all doing well!

As we may see, we have Divergence while on resistance of the channel that we have formed, which we are most likely going to break.

The Take Profit is sitting at $40.

Have an amazing day!
Kommentare
nparipelli
Any change in the chart after today’s 6% fall?
vik0q
@nparipelli, has fall even more, well just keep in mind that has to cross previous weekly high to be bullish
donaitelo
@nparipelli, Hey, I am still bullish on the stock. Indeed, the whole market has fallen recently, which is what dragged down JMIA, simply, we have to wait it out and as soon as everything starts going bullish, the stock would shoot up!
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