$JMIA as much as I want to drink the cool aid here, this is a head fake. Citron puts out a report saying they wouldn’t be shorting the stock, meanwhile short interest is unchanged. Tells me the short pressure is inbound, especially since this move came from relatively low volume. I am not at all regretting my sell at 13.40 and would caution anyone entering above 13. There is something afoot, and especially with that saw pattern we saw in the PM trading, I’m not liking this setup. Holding out until this retraces.
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