$JMIA Jumia TechnologiesPrice is almost at the (POI) m looking to go long on this stock, i think it has a lot of potential but make sure you enter the trade after a confirmation. if it breaks the (POI) closes below then next entry is around $24.71. M sure you dont want to be bag holding😉. keep your eyes open and trade safe.Longby nakarmi1
$JMIA Jumia Tech Reversal Setup Potential entry above $35.30 Target price $33.20 Longby RedHotStocks224
jmia, abcd + structure JMIA bounce play, last long 20 to 50, no mae (see previous cup and handle breakout plan i posted )Longby HiddenharmonicstradingUpdated 141410
Whats next for JMIAShort term = Bearish (31 target) Long term = Bullish (90 target) Hello All! Here with some insight on JMIA, which I am looking forward to owning shares for the long run. But for now, looking at daily it seems that it broke out of a steep rising wedge. Now calculating a target for the wedge, I came out to something like 34ish points move which would bring the stock to sub 15 dollars. Not very reasonable. Now on a weekly, it looks different. What we can see is a tall Cup formation from the time it IPO'ed in Apr'19. I find it to be a more legitimate observation than the "rising wedge" on daily. Now ideally a handle would retrace to about 30-40% of the cup depth which would bring the stock price to a support area of 31ish , if we take the 38.2% Fibonacci retracement level. Now that's more of a reasonable area where the prices would head back up. Long term, if Cup & Handle was confirmed, we can see a target of 90+ say by end of 2021. Share your thoughts! :) NYSE:JMIAby BAS55442
JUMIA buy 36.35 level in the scd band on 4hrJumia decline in to scd band on 4hr Gapping up on small time frame Buy 36.50 If it drop more will look for more buying configuration. Let’s seeLongby Forexblade112
$JMIA needs to be above $40.5 for a shot at the $53$JMIA needs to be above $40.5 for a shot at the $53Longby ridethemwaves330
$JMIA Breakdown and Analysis! 1/4/21Detailed Video breakdown on $JMIA going into 1/24/21 Bounce or Break?Short06:51by SimpleStacksUpdated 110
BUY JMIA - PT1 46, PT2 50, SL 41.5 JMIA is has trading inside this amazing ascending channel on the daily & 4hr for awhile now. It's approaching the bottom of the channel, representing a great entry for a play towards 50. SL below 41 invalidates the channel. Longby TroydTradesUpdated 2
Don't sleep on JumiaNote all of this is just ideas. I could be wrong. Just sharing some thoughts. Made a prediction a back in November. That prediction still seems to hold. The play acted sooner than I thought but trajectory is the same. I am thinking there is another run at the start of the new year when the new calendar year begins. Today is the last trading day of the year so I assume everyone is selling off. I may be conservative on my thinking @ $55/share. It could do more but I rather just be practical given the company's growth.Longby frankfrisby4
$JMIA 12/30 Breakdown! Nice Pullback. Time to buy?Video breakdown on $JMIA going into the New Year! Sorry I been gone!Long09:03by SimpleStacks8
Swing looking good here back to previous highs.Support from 10 day ema and 50 day moving averageLongby Alex_Trades122
Jumia The HIdden Gem, New Highs Coming?Toward the beginning of December, we saw Jumia make a strong correction after hitting $40 all the way back to $24.5 before making its way back to $40 zone. Personally I think Jumia is still on track for a continuation toward the upside after this correction, once we break and retest $41. Jumia is a hidden gem right in front of our faces... Jumia is an interesting company yet it seems like it's a bit behind a modern-day business like Amazon. If Jumia were to hold strong and push for profitability, we may see this become a hidden gem as we move toward the next-gen of trade, business, and life in general. For my complete analysis including company numbers on JUMIA, please refer here: EasyLoot.com/Jumia DCJ | Happy Holidays!Longby DotcomJackUpdated 119
Buy JMIAHolding support, about to crossover 1 hour macd, play this for a quick pop to the upsideLongby AJBLASTOFF991
JMIA potential breakoutTMO bottoming with green. Price holding at resistance (1.0 fib). Cup formation (set to view all years)Longby dukachu113
024. PIGGISH PLAY - Short Jumia Group (JMIA)Sincerely, please short this company. If you've already heard of Jumia, then you probably don't need to read any of this - just know that it is a technical sell at the moment. If you haven't heard of Jumia, then you're in for a treat. This ticker has been pumped by bulls and bears alike, sporting the title of "Amazon of Africa." Let me tell you, it is not. In fact, I've put together a Top-6 list of reasons why one should not hold this stock. Ready? 1) It is not the Amazon of any continent; I would say that at best, it could pass for being the Stamps.com of certain small Caribbean municipalities. Maybe. 2) It's so very far from being profitable, let alone beating top-line estimates. See any financial report throughout its public existence. 3) There is a constant buzz surrounding the soundness of its financial statements. What I mean is that at least some people are spreading the rumor of fraud, which is almost worse than actual fraud. Definitely worse than declaring bankruptcy (Hertz, cough). 4) Wouldn't be shocked to see them declare bankruptcy by 2022. 5) The business model is predicated on the increased consumerism of African nations. Consumerism is an American-only kinda thing. Like, America can do this because it owns the global reserve currency. Africa may or may not increase its consumer-like tendencies at some point, but probably not during this pandemic. Or within the next 5 years hereafter. 6) The technical setup is such that there is very little room to the upside without making a new high. Since the downtrend is clearly impulsive and the uptrend is clearly corrective, the bias toward the next leg down is overwhelmingly probable at this juncture. If it makes a new high, just hold the short/puts because we're going to see a very common "irregular/expanded flat" correction which will end up overshooting to the downside in no time - should a new high be made. Essentially, the only way you will lose here is if you buy puts that expire too soon. Hence, don't do that. PIGGISH SPECS: EQUITY: May be on the "hard to borrow list," which will make it difficult to locate shares that can be shorted without incurring a steep borrowing fee. This play is far more suited for Options anyway, but if you insist on shorting this the old-fashioned way, then take a look at the STOP-ENTRY-PROFIT-ZONE region on the right-hand side. *The only bit of advice I'd offer is to exit any short immediately if/when the stop is hit because you'll get called pretty quickly on this stock during a shortened week. The key is to maintain a short position for as long as humanely possible. OPTIONS: Before doing anything, read the *asterisk directly above here in the Equity section. While it doesn't affect you in the same way, if you end up buying contracts that expire too soon, you will want to roll them over ASAP if the stop gets triggered early in the week. Same reasoning as above. STRIKE: { $37 - $39 } EXPIRATION: February 19th, 2021 REASONING: The contracts are pricey because nobody is sane enough to write these without getting a serious premium. Luckily, 37 - 39 strikes are just as probable as 40+ and are therefore the optimal deal for this particular expiration. There isn't a better combination of moneyness, gamma upside, vega upside and theta decay. JMIA, I wish you good luck in the coming months. Many things are not-so-subtely screaming that you will need it. i.e. even the Motley Fool is publically bearish. - African Swine NYSE:JMIA TVC:SPX CURRENCYCOM:US500 TVC:NDX TVC:DJI Shortby UnknownUnicorn5511258Updated 10510512
Jumia buy 39.30-60 Second decline in to scd band on 4hr after strong run up. On 5 min engulfing candle. Buy 39.50 If it will drop more down i will look for another buy configuration. As long as it’s stay in scd band on 4hrLongby Forexblade3
Beginning wave two retracement before megawave 3?Hi traders, this is my take on JMIA, I have no knowledge about fundamentals on this one, at all... Always do your own DD. The break to now ATH is very key here, and I believe we need to see a setback before we can move higher, I'm suggesting 50% retracement as the low, but with the prior movements, we can easily see this retracement end quick, either not as low or lower, I'd be careful around those fib. levels. Now much more to say about this, I suppose we'll see this play out rather quickly. Have a good day. by nDam110
Retest of 40ish zone needed for any price higherNeed to retest the resistance, turned support to validate a higher PT >50by dreambig112
Blue Horseshoe loves JMIAOK, here is my monday trade, I will try to get the best entry possible in premarket or during the first hour. SL @ 41.60 Ideal entry: 41.90-41.75 Trade developement TP1 (50%) @50 Move STP @ 42.5 TP2 (25%) @ 60 Move STP @ 43.65 The remaining 25% sticks to the portfolio for a long while.Longby sean.cappone0
Blue Horseshoe loves JMIAHoly Mackerel, monday it's a great buy @ market, I should have piled up at 41.90 gosh It was a great gap closure day with no volumes, next stop 60Longby sean.capponeUpdated 220