JMIA looks good bounce from support - JMIA looks ready to make 2 more leg up - look the chart 4 hours we bounce from here - look small chart 1 hour and 15 min look good for APRIL - if JMIA close tomorrow above $37.60 will hit $40 - $48 by next week - lets see the price action tomorrow GOOD LUCK by Petergalaby334
H&S Possible but “Be Careful Here....”H&S pattern still in play but I’ll issue a “be careful here”... big volume off of critical support. Admittedly the stock is still somewhat in no mans land, but the bulls came out bigly today. The recent secondary got done at an average of 10% higher vs the current stock price. I’ll stick to my Elliott Wave count. Primary III is starting. Risk reward is very favorable, you have $5 of down side for the H&S to start with a break of the neckline.... or $105 upside if Primary III is the correct count. 21x upside vs downside sell signal. What do you do?Longby kflynn2018225
Double bottom after head and shoulders rejected.Greetings all, Today, JMIA rejected the head and shoulders pattern as it did not break the neckline. JMIA Also completed a double bottom pattern, which is intrinsically bullish by bouncing from the 200MA and the 61% retracement level. Finally, the RSI indicates hidden bullish divergence. Based upon these factors, I’m targeting the $60 area by 16 April. If you want to play it safe, use the retracements shown a smaller target areas. Happy Trading! Disclaimer. My ideas are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Exercise your own due diligence. Longby chiefwils0n2216
JMIA possible drop towards 16-19$NYSE:JMIA is currently forming a very clean head and shoulders pattern that is about to break. If the neckline breaks bellowe 30-31$ we could see the price drop towards 19$ or even lower. Keep it on your watchlist for a possible neckline break. Shortby G-23114
$JMIA Head and Shoulders (DAILY) Analysis. I love $JMIA but the set up screams bearish. Here is a video breakdown on my plan moving forward. Short04:43by SimpleStacks229
JMIA head and shoulders JMIA forming a head and shoulders pattern on the daily chart. Waiting on break below neckline for confirmation.Shortby LordThicc0
H&S or RipCity?Ok, I'm not sure I've ever seen so many members calling out an "obvious" head and shoulders pattern. If that many people see it as obvious, then I always become concerned it might be a fools pattern. I've laid out a potential Elliott Wave pattern that would be the exact opposite of the bearish breakdown of the H&S pattern. I agree the H&S does look quite obvious, but if it doesn't play out, then it could be ripcity to the upside with a target of $140 for Primary Wave III. Longby kflynn2018555
JMIA Time to buy? Jumia Technologies Jumia Technologies' stock has already soared over 1,600% in the last year. Headquartered in Germany, this "Amazon of Africa" operates an integrated ecosystem comprising an online marketplace, logistics business, and payments business. Jumia's fourth-quarter revenue dipped 15.3% year over year to 41.8 million euros, while gross merchandise volume was down year over year by 21% to 231.1 million euros. Despite this, the company has reduced the adjusted EBITDA loss by 47% to 28.3 million euros. Jumia is shifting from an asset-heavy, inventory-laden traditional retailer model to an online platform model. Hence, although the total revenue earned from commissions and fulfillment fees is lower, it generates higher profitability for the company. Additionally, the asset-light approach will also help the company to rapidly scale in the African market in future years. The company's strategy of shifting toward smaller-sized and more profitable everyday product categories and away from phone and electronics is helping improve unit economics, which translates into higher margins. Jumia is also focusing on improving overall usage efficiency by reducing cancellations, failed deliveries, and returns on cost efficiencies -- another major driver taking the company closer to breakeven. Jumia Pay is also seeing rapid adoption, with total payment volume increasing 58% year over year and JumiaPay accounting for 35% of the total Jumia transactions in 2020. The company is working to position JumiaPay as a preferred digital payment option beyond Jumia marketplace, by partnering with prominent players across sectors in Africa. Jumia is trading at a 12-month trailing price-to-sales (P/S) multiple of 25.7, which is steep. However, when this is compared to P/S multiples of e-commerce players such as MercadoLibre (NASDAQ:MELI) and Sea Limited (NYSE:SE), which are relatively small in market capitalization and focused mostly on developing markets, Jumia's valuation seems quite comparable. With a reach of over 600 million Africans and an annual active customer account of only 6.8 million at the end of 2020, Jumia has plenty of room to grow in the years ahead. source: www . fool . com /investing/2021/03/23/these-3-disruptive-stocks-could-easily-double-your/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article by Vermeire773
Be SafeThis one looks a bit iffy to me. Possibly forming a head and shoulders top. I know lots are bullish on this and I heard a buy recommendation on CNBC today. So I decided to look. Just be careful..always pays to be careful anyway (o: Head and shoulders do not do well in a bull market. Inverse head and shoulders do very well in a bull market. Price must go below 33 for this pattern to do well, and it may not. No recomemndation. Trading can be a waiting game.by lauraleaUpdated 227
Jmia H/SChart speaks for itself .. the H&S on this one is evident - will enter at lower price . Cut my position in Jumia today and can't wait to scoop this at a better price.Shortby tslatrades332
JMIA update!sad to say but this stock cant go straight up! i wish it did though. just a test of the bottom trendline here... nothing to be scared of in my opinion. you should only be concerned once 32 support begins to break. which is very unlikely in my opinion... look for some upside here soon. im still holding full size in shares Longby Vibranium_Capital6636
Jumia Tech $JMIAI don't know much about the current state of the company, but this Head and Shoulders pattern that's playing is all to textbook to ignore. The rest of this month will likely complete this pattern. Strictly from a technical perspective, I can see the stock falling to the $32~$34 range. OR it could takeoff to another galaxy. Only Time Will Tell.Shortby MrxMvP884
JMIA may be due for bullish boost according to 6 algorithmsI have changed up how to best display projected movement. In the case of JMIA, 6 of my algorithms signaled a BUY on March 19, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the Hourly chart after a BUY signal occurred. Therefore, this box represents 100% of previous movement downward before the stock finally moved upward. The smaller red box represents 50% of all historical movement downward, before the stock moved upward. The smaller box is more of a precise target for the potential bottom in this instance. The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final top. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could rise the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never rise (and the green boxes may never come into play). All statistics and the full analysis are available for free as always at the site below.Longby StockSignaler112
JMIA Jumia technologies is been on a recent sell off according to the historic patterns it has always bounced back around the low 30s I think this is the case here too. It might be in a down trend until 32 ish and will bounce back. I am still very bullish on the stock as it got good potential. by Beginner_Trader_Viggy557
JMIA PutsHead and shoulders on JMIA -> Price can go to mid 30s I am playing a JMIA 26th march 38 put at 120Shortby Ryan19007331
JMIA PlayNYSE:JMIA Play with V shape recovery. Disclaimer: I"m NOT a financial advisor. All trade ideas are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.Longby fqalogtrader221
$JMIA Cruising! Next Speedbumps?Video breakdown on our FAV $JMIA! Greatsetup and Volume!Long03:23by SimpleStacks3
JMIA bullish for the long run.The first thing to know is that Jumia is an online retailer like Amazon. I think it has a lot of potential partly due to the fact that it is an African company. Like almost everywhere, Amazon has also tried to expand into Africa but failed because the structure in Africa was too difficult for Amazon. As far as I know, Jumia has no major competitors in Africa. The company itself is managed by a headquarters in Germany. Now they are not just a Zalando or a Shop Direct they are also a takeaway and they also have their own payment service. Like you have an iDeal or a PayPal. So they have different business activities. According to the world statistics of the internet (2019), 70% of internet users in Africa are also a user of Jumia. They are currently active in 11 African countries out of 54. So there is still plenty of room for expansion. According to most analysts, the value per share is worth $ 296. While the price per share is now around $ 40-50. There is also an expected increase in turnover of 40% year on year. The only “downsides” I think are that they haven't made a profit so far. Now, in the end this is not bad at all, as it ensures that the price per share remains so low for the time being. Tesla has only been profitable for 1 year now, but everyone wishes he had bought shares before that year. They strive and are getting closer to profitability. This way they can make further expansions possible.Longby Vermeire222
$JMIA on a bullish pattern respecting support levels.First technical analysis let me know if I should change anything.Longby nNoHaXUpdated 0