SamSuka
The Long Investor
The Long Investor

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$JMIA - RC -

$JMIA continues to move higher in what I see as Subwave 1 of Wave 3.

This Subwave 1 has still not completed as it still has smaller wave 5 to complete, so if you are not in this already, I recommend waiting for Subwave 2 of Wave 3 to pull back before entering.

I have added in the white Fib levels and for this Subwave 2 after smaller wave 5 completes first.

The 0.618 Fib is exactly at the 50 Day MA....making this an ideal level to pull back too before moving higher next.

$JMIA - RC -

Comments

Beautiful!

Adam L


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