The company has tested this before but there is a lot of strength in the RSI and MACD showing there is a push to get past this resistance. I think this might push to $55 if it break past this. It's just my opinion. But we shall see where it its. I'm just giving an idea for entertainment. I'm not providing advice.
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It appears that Jumia is going to test the $55 almost on target. But it seems to be close in that it's trying to test that new peak. It's in a no man's land. Let's see what happens.
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Right on track when it starts pulling back.