Bullish Case: JMIA's significant recovery from last year and recent positive Helium AI forecast suggest potential upside, despite recent pullback.


Bearish Case: JMIA’s historical decline and high implied volatility indicate underlying concerns and potential downside risk.


Potential Outcomes:

1) Continued recovery following mean reversion structure, 60% chance.

2) Oscillation around current price point, 30% chance.

3) Break below support influenced by high volatility, 10% chance.


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April 13, 2024


Jumia Technologies Ag Forecast

JMIA        Jumia Technologies Ag
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






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