Jumia Technologies AG
Largo

$JMIA - continue to buy and sell

I am going to continue to watch this intra-day and sell when the sell signals tell me to sell.
For the past five days it has held steady or gone lower for first 1.75 hours of the market then closed out higher.
I watch the VWAP intra day and also use my scalp signals to analyze its direction. It has surpassed the price discovery from a couple weeks ago and next major level of resistance is still $5 away.
I am using house money at this point, it is not recommended to blindly follow anyone's idea.

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