Will $JMIA Head and Shoulders Play Out as Predicted?Video recap and breakdown of $JMIA going into next week. Last video this pretty much hit tick by tick. I am waiting for volume to step back in.
0A44 trade ideas
$JMIA 12/3 RECAP 12/4 PREDICTION (CHARTING)If you caught my video yesterday we rejected right around that area and started the formation of the Head and Shoulders pattern on the 1hr time frame. Here is a breakdown going into tomorrow! $JMIA check those previous videos!!
Stock to watch: Jumia Technologies AG (JMIA) - re-uploadNYSE:JMIA
Re-uploading the original idea from Nov 24 (which was brutally deleted by the moderators LOL) 👇🏻
Original chart from Nov 24
Original idea was: This stock showed almost 300% growth since October and has a lot of momentum to show. Buy/Sell Zones indicates a 7-day green zone. Targets for a long play: the all-time high (which is slightly above the 1 Fibonacci) up to 2 Fibonacci.
Even though the asset already showed a good move, there is a chance to jump in Long as the potential targets are still on the way.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
JMIA to break resistance and hit 62$Hey, investors! If you saw my previous JMIA analyzes I was right it did bounce off support at 25$ (it doesn't show it on the chart that it did unless you go to 5D because it hit 25$ for only about a minute) since then it has shot up 17% and will break resistance to set it as new support and will be going around 62$ by February.
Remember this is only my opinion from my analyzes and you should always do your own before buying a stock.
JMIA with strong VWAP supportClosed over VWAP from previous Nov highs, and bounced this morning off long-term VWAP off lows.
$JMIA Swing Trade IdeaJMIA had an offering a few days ago and has since been tumbling.
Looking at the volume profile, most of the volume accumulation and POC is around $20 and below.
There's not enough volume in the 20s to prop up current prices, looks juicy for a trade to the downside.
If JMIA breaks under 28, should gap down through the volume profile gap in the 25-27 area.
JMIA: Perfect cup and handle exampleThe target of this almost perfect cup and handle on JMIA was reached.
Next scenario:
-Pullback to 28,24 and 20? and then resume the uptrend towards 41 and the next fibo extension at 62?
-OR consolidation around the current level.
The TD sequential is on a 9 daily and the price level is at the 41.47 resistance.
I remain neutral-bearish short term and bullish long term.
JMIA to hit $62 by Mid-February this is my updated version.
My lines were over a longer time but JMIA going to move quickly as you can see but should hit support and set a new high.
JMIA tech. Analysis on the 1h timeframe.JMIA Tech. upcoming week analysis. We can expect some bullish run towards the all-time high of 50 dollars per share or reach for rejection before that target area.
JMIA rise to $62 by Mid-February?Was looking at JMIA and could see new support before rising to $62 a share by Mid-February.
Was looking at other post and saw someone said this would happen about a month later than my prediction but JMIA sees rapid growth in Africa and could see bigger spikes sooner than we think.
JMIA to hit resistance at $40 JMIA to hit resistance at $40 then fall before a push to $45.
Jumia's goal is to hit $100 in 2 years but don't buy until next push.
Jumia between December and JanuaryI could be wrong but I am thinking there will be a small sell off on Jumia as a way to correct the stock. Now that the company has more traction because of its growth in Africa, it will keep building steam even ahead of earnings in March. I think the stocks is a good stock. Could be wrong.
$JMIA Jumia Tech - One last push to $45
Potential entry above $40.00
Target price to resistance at $45
RSI is high so stop loss vital
[JMIA] OKAY, OKAY... Just ONE More... Had to Make Some UPGRADES!Man, if you loaded up in my magenta Value Channel you're crushin it right now.
I scaled up my channels to match these new highs.
Here's the updated Treasure Map... ENJOY! B)
OG Winner Winner Chicken Dinner Treasure Map:
