4JMA trade ideas
JMIA: Another chance to hop on boardJMIA has come back down to earth after a meteoric rise this year. Another chance to hop on to this stock targeting the $30 level.
$JMIA Banked 85% gains, Ready for next Move.
Closed out they trade on Friday as the RSI crossed over 80. The stock got rejected at out target for a 85% gain since entry.
Alert set for next entry above gap fill resistance @ $16.20, may need to consolidate before pushing higher but if the large TWTR pumper stay on it
the rally could ignite once again Monday.
JMIA BITCOIN INDICATOR LONG TRADE SIGNALBITCOIN INDICATOR WORKS on ALL MARKETS & TIME FRAMES.
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JMIA - Possible cup formation in boundA potential cup formation is in play. If in fact it forms, the handle support should be a current price right now -- 12.66.
parabolicthis play can hit 14-15 this week imo, just use a tight stop. what i would do if i entered at these prices is put my stoploss around low 10s, goodluck!
$JMIA Jumia Tech Possible long above 50ma once again
Having ran 50% from the previous post, the next opportunity
may not be far away, Friday it failed to close above the 50ma as profit taking
came into play.
Lets see what Monday brings with alert set for break above the 50ma .
MACD crossing Zero line a call to cover for the bulls.
Speculative with high risk-reward so trade with care.
$JMIA (Start of wave 1 after zigzag countertrend) PT $16Tony's Picks
I have recently started analyzing charts and have come across this interesting idea.
This chart is on the 4hr time frame. It looks like $JMIA is about to enter wave 1 after a 5-3-5 zig zag countertrend according to the Elliot wave theory. This idea assumes everything prior to this trend was just an IPO countertrend. Wave 2 two bounces off the .618 from wave 1 fib retracement perfectly. On the weekly chart it could be argued that we are still in one large wave 1 on macro level. I could see a $16 price target being realistic based off this chart. Expect volatility as $JMIA still has a lot to prove.
Curious to thoughts and comments.
Thank you.
Explosive move coming in JMIA - Amazon of AfricaExpecting a sharp reversal off this level. Watch a move toward the 11s
JMIA on watch with high volumeHuge volume today pushing the stock up nicely. If can get over current fib level next target 13.
$JMIA 25% upside target in Jumia Tech Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment. The e-Commerce platform segment consists of marketplace, which connects sellers with consumers to its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and payment service, which facilitates transactions among participants active on platform in selected markets. The company was by Jeremy Hodara, Sacha Poignonnec, Peter Allerstorfer, Manuel Koser , Tunde Kehinde and Raphael Afaedor founded on June 26, 2012 and is headquartered in Berlin, Germany.
African Amazon $JMIA been silent for awhileFA,
- African Amazon (so they say)
TA,
- MACD golden cross
-RSI reversal
- Big volume spike (double the average)
-Forming a nice base
Concerns,
- Transparency of numbers coming in
- Have no clue what it's like in Africa
- Too hyped.
Entry: Under 8
Exit : 10.5
JMIA looking to escape price channel?JMIA has been consolidating in a $7 to $9 price channel for a while, with $7 a particularly important level providing previous resistance and support.
MACD is starting to come up and TTM Squeeze is looking bullish, and there have been a couple of bullish dragonfly dojis over the past few days. If MACD confirms by crossing the zero line then the squeeze should fire upward.
If it breaks out of the channel I would expect some resistance around $11, based on channel height and previous resistance.
If it keeps going past $11 I'd expect more resistance around $13-$14 (gap resistance).
Friday May be a Good Time to Buy JUMIARight now with Jumia, I think a reentry today may actually be quite decent. Market is likely going to be extensively red today following obvious worldly news events. If you are looking to buy a potential reversal stock at a red day, JMIA may be in the radar. I feel it is also quite underrated given the potential it may have. That said, do your own due diligence and invest at your own risk.
$JMIA Jumia On Breakout Watchlist for Wednesday
JMIA looking like reversal is very close.
MACD crossover imminent
Histogram ticking higher
Stochastic Bottomed.
Broke above the 100ma on Tuesday
Local POC now resistance.
Alert set for $8.50
