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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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0A44 trade ideas

$JMIA Going To Squeeze The Shorts With 82% Of Float Short$JMIA is on the verge of an epic short squeeze. While the shorts have been right on the money so far, we believe they have overstayed their welcome and are going to be forced to cover. Yesterday's news: Jumia (NYSE:JMIA) has named Kenneth Oyolla as its new chief commercial officer, replacing Diana Owusu-Kyereko, according to Business Standard sources. Owusu-Kyereko was promoted to head Jumia Ghana under the loss-cutting reorganization process. Oyolla joins from serving in a similar position at Industrial Promotion Services. His prior work history includes stints at Nokia and Unilever. As always, use protective stops and trade with caution. Good luck to all!
NYSE:JMIALong
by InsiderFinancial
2
The Amazon of Africa: Potentially reversing from a major bottomH/S bottom coming out of a near 12 month channel + a retest of the neckline. What is JMIA - "Jumia is an online marketplace in Africa for electronics, and fashion among others.The company is also a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among participants active and Jumia's platform in selected markets. It has partnered with more than 50,000 local African companies and individuals and is a direct competitor to Kilimall in Kenya and Konga in Nigeria. Started in 2012 in Lagos, the company currently has a presence across more than 10 African countries." - Wikipedia
NYSE:JMIALong
by Lanmar
JUMIA: When to Bottom up?JUMIA has a big shock after its IPO, which rocketed and plunged after that. Now the price stops dropping and begins to consolidate near 10. We don't know whether it starts to bottom up, but if the price break out this zone and pull back, then the bottom will be conformed. So if you are a radical trader, you can buy some now and set the SL below 10 . If you are a conservative trader, buy at the pullback after breakout. Entry: about 10 SL: below 10 TP: 18 and further more
NYSE:JMIALong
by AdamHong
1