$JMIA Overbought - Short term Retrace
JMIA Overbought - Short term retraceShort term bearish - this will need a healthy retrace before heading higher most likely. I'm long term bullish based on the fundamentals.
With the volume seen today, this would be a risky short. I would set a stop just above $16.
Near term target: $12-$13 range
Note: This is not investment advice.
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