SamSuka
The Long Investor
The Long Investor

patreon


$JMIA

It may be time again for $JMIA

Up +14% today after releasing some positive dara post Black Friday.

We can see on the chart that the price action has held the very last Fib support level at $3.69 and moving up towards the 50 Day MA now at $4.50

I think getting above the $5 blue support line will drastically reduce the risk as an entry point, which just the 200 Day MA left to clear before the reversal is confirmed

$JMIA

Comments

Im no expert but maybe the 1 peaked on Dec 4 and that was a B wave on Dec 20??

G4Golf

How can that be the 4th wave when it went lower than wave 1?

Mohammed Aldulaimi

Very interesting! Not sure how it will behave against the growing dollar…since it works in local currencies right?

Federico Salerno

No probs Adam, it was on the radar but you got their ahead of me

Gareth Neary

Unreal, you are the best!

Adam L


More Creators