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JUMIA TECHNOLOGIES AG SPON ADS EACH REP 2 ORD SHSJUMIA TECHNOLOGIES AG SPON ADS EACH REP 2 ORD SHSJUMIA TECHNOLOGIES AG SPON ADS EACH REP 2 ORD SHS

JUMIA TECHNOLOGIES AG SPON ADS EACH REP 2 ORD SHS

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JMIA 08-01-2021 LongAsset and Time frame - JMIA,1H Entry Price -37.85(For a safer entry wait for the hourly candle to close bullish) Exit(Stop Loss) -37.42 Exit(Take Profit) -49.69 Technical Analysis -Price rebounded from the 4H Fibonacci level of -0.272, we have a major volume spike and the crossing of both MA, including on the 4H chart, on the daily chart the RSI hasn't crossed the 40 line, and right now on the premarket, price is sitting on a significant daily level I would like to hear your opinions and what can I do to improve, many thanks
NYSE:JMIALong
by Avirany
5
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:JMIA
NYSE:JMIA
by BAS55
4
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.
NYSE:JMIALong
by frankfrisby
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!
NYSE:JMIALong
by DotcomJack
1