JMIA seems to have formed a double bottom around the $2.3 support area. Price action seems to be picking up, yet to break the double resistance area though ($2.6-2.8) before it can rally up to $3.4 part of wave-3.With earnings coming up this week, anticipating stock to be a bit volatile.
Disclaimer: This is not financial advice. Please make your own decisions while making an investment.
Trade closed: target reached
JMIA hit $3.4!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.