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Jumia Technologies AG

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JMIA trade ideas

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?
NYSE:JMIALong
by kflynn2018
2
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.
NYSE:JMIALong
by chiefwils0n
2
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.
NYSE:JMIALong
by kflynn2018
5
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
NYSE:JMIA
by Vermeire
7
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.
NYSE:JMIALong
by StockSignaler
1
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.
NYSE:JMIALong
by Vermeire
2