Jumia Technologies AG
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JMIA: Perfect cup and handle example

1 136
The target of this almost perfect cup and handle on JMIA was reached.
Next scenario:
-Pullback to 28,24 and 20? and then resume the uptrend towards 41 and the next fibo extension at 62?
-OR consolidation around the current level.

The TD sequential is on a 9 daily and the price level is at the 41.47 resistance.

I remain neutral-bearish short term and bullish long term.
Nota
As mentioned above, we are now reaching the 28usd level.
Next: bounce or 24?
Share your thoughts!
Operación activa
Next target 24
Operación cerrada: objetivo alcanzado
24.6 touched on Dec 2.
Consolidation ongoing between 28 and 42.
Operación activa
Ready to break 42?

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