Jumia Technologies AG (JMIA) – Buy Price: $19.00 or better

Buy Price: $19.00 or better
Sell Price: TradersPro Sell Signal

Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets.

The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are early in the buy signal trend. It is a confirmation strategy that waits for the stock to make a move then a trader enters the trend at specific prices. In many cases stocks that are in up trends tend to continue the overall trend direction and the prior trend is the path of least resistance. To learn more about trend following as well as reversal strategies you can go here.


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