JMIA Morning Wedge? Next Alibaba? Waiting for Re-entry

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Jumia Technologies AG (NYSE:JMIA)

NYSE:JMIA Jumia Technologies AG

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I have been analyzing JMIA yesterday night and the sentiment was a positive bullish continuation of the spike it was on. Days in the red are when it is perfect to buy. Right now, I am currently waiting for the sell off and than a decent reentry price for JMIA. I think this will evidentially have lots of profit turnover potential in the long term. As always, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.

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