EBITDAtiger

head and shoulders on JMIA

Short
EBITDAtiger Mis à jour   
NYSE:JMIA   Jumia Technologies AG
Waiting to see if it breaks below the neckline with at least 2 bearish candles before initiating a short position. Negative EBITDA with negative revenue growth YoY.
Transaction en cours:
neckline has been broken confirming validity of the H&S pattern; could see a drop to 25ish since major support has been busted
Commentaire:
The trend appears to be breaking; start to unwind position if not fully bailing from Puts or short positions. Switch to going long and buying calls.
Trade fermée manuellement
Commentaire:
Closed too soon. How bout that ride down??

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