JMIA: Good risk/reward on longs here

JMIA is a binary play. It could very well go bust or it could prove a great runner bagging you multiples on your investment. The stock has a completed demark downside exhaustion count and has broken out of (and successfully retested) the wedge it was in.

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24th April 2020 - JMIA closed at 4.21 today. A return on investment of 23%

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11th May 2020 - JMIA surges today to close at 5.89. This idea has yielded a return of 68%

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5th June 2020 - JMIA at new highs. This idea has returned 91% making it my best performing idea so far.

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22nd July 2020 - JMIA at 10.49. A return of 195% so far

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2nd August 2020 - JMIA at 15.56. A return of 338%

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3rd August 2020 - JMIA at 19.00. A return of 465% on this idea.

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25th November 2020 - 773% return on JMIA. The most profitable idea I have posted thus far.

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