JMIA BUY OR LONG , TARGET UP TO $16 Long

Jumia Technologies AGNYSE

Description

⋅ Jul 21, 2020 4:48 AM

JMIA probably waking up after a long day of hibernation, this is a risky deal but I set aside 5% of my assets to buy today and a 10% stop loss.
Pattern : This is the opposite of the "Cup and Handle" type, there is a lot of evidence of past stocks that have worked very well because
this model, I'll update in the comment section.

JMIA buy : $9.2 +- 0.1
JMIA target : $16
Stop loss : 10%

This is a potential but high risk deal, I only bought vs 5% of the assets.

Wish you good deals!

Comment

⋅ Jul 31, 2020 5:42 PM

Although Target has completed, who gave me any thought? It goes on $20 ?

Trade closed: target reached

⋅ Jul 31, 2020 5:43 PM

Comments

foellermatt

⋅ Aug 3, 2020 7:39 PM

too late to buy now or would it be good to long this stock?

NgBinhMinh

⋅ Aug 2, 2020 2:25 PM

I'll mention the update tomorrow, stay tuned to it here, leave me a message here if you're still interested in JMIA

DrKamel

⋅ Jul 31, 2020 10:58 PM

nailed it!

NgBinhMinh

⋅ Aug 2, 2020 2:24 PM

@DrKamel, will 20

NgBinhMinh

⋅ Jul 31, 2020 5:42 PM

Although Target has completed, who gave me any thought? It goes on $20 ?

mohitwork0050

⋅ Jul 31, 2020 6:19 PM

@BinhMinhNG, Is it good to buy on dip for target of $20 in 1month timeframe?

passat25

⋅ Jul 24, 2020 6:00 AM

I will buy it first thing tomorrow morning.. Thanks man

mohitwork0050

⋅ Jul 22, 2020 4:22 PM

You're a genius!!

NgBinhMinh

⋅ Jul 23, 2020 8:18 AM

@mohitwork0050, Thanks for the compliment, but I think not :))