JMIA falling wedge

2021年12月21日

Looking for breakout above resistance of $12.57. Once broken, can see $14.97 (second resistance).

First support level $11.37 (look for a bounce off of this level). If it can't hold, we may see as low as $9.95 again.

2021年12月21日

註釋

Broke through resistance, as predicted!!! Next minor resistance looks to be around $13.19.

2021年12月21日

交易進行

$12.57 is now considered new support level (old resistance).

First (major) target price: $14.97. A clean break of $14.97 and we could see 17.90s relatively quickly.