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JMIA forms Lower Bollinger Band Walk on June 25
On Thursday, June 25th, JMIA moved down 1.11% while volume shrunk to 0.5× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 6.17, 6.08 & 5.94, with resistance at 6.4, 6.54 & 6.63. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of JMIA: F
What else did JMIA do today? Find out on SwingTradeBot.
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