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NineToFive

Ecommerce leader in south Africa, a lot of potential ahead

Long
Jumia Technologies AG (NYSE:JMIA)  
NineToFive Updated   
NYSE:JMIA   Jumia Technologies AG
Harmonic Patterns Trend Analysis Chart Patterns ecommercestock
3
0
harmonicpatterns trendanalysis chartpattern ecommercestock
Not financial advice, volatile markets, trade at your own risk

A lot of market to conquer
South Africa Population: 60,041,994
Early stage of E commerce
Comment:
We are green!

The trade set up is valid

We will face the 2nd Pivot resistance around $54

I'm expecting price fluctuation around that level but we are clearly in an uptrend!

Ods on our side, congrats for those who followed the strategy/set up
Comment:
We have crushed the Pivot 2nds resistance line!

Little update on the population:
We are talking the whole Africa continent,
Population is well over 100M+

HUGE POTENTIAL
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