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Is JMIA likely to continue higher? Crossed Above 20 Day Moving Average shows up after surging 6.98%
On Tuesday, June 30th, JMIA moved up 6.98% while volume was to 0.7× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.62, 6.2 & 5.94, with resistance at 7.3, 7.56 & 7.98.
Current SwingTradeBot Technical Rating of JMIA: F
More technical signals and insights for JMIA → Visit SwingTradeBot.com
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