JMIA: "Amazon of Africa" Forming a Daily Cup & HandleReasoning:
Strong Industry/Sector (Emerging Markets / E-Commerce)
Daily Cup and Handle pattern (Classic bullish continuation)
Fundamental Turnaround (improving margins & analyst upgrades)
If Labelled a Swing trade(2-6 Week Holds)
Entry: Full position on breakout (See Chart)
Profit Tak
Jumia Technologies AG ADS Cert Deposito Arg Repr 1 ADS
No trades
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−101.97 B ARS
172.36 B ARS
122.03 M
About Jumia Technologies AG Sponsored ADR
Sector
Industry
CEO
Francis Dufay
Website
Headquarters
Berlin
Founded
2012
Identifiers
2
ISIN ARCAVA4601J1
Jumia Technologies AG engages in the provision of logistic services. It operates a pan-African e-commerce platform. It operates through the following geographical segments: West Africa, North Africa, East and South Africa, Europe, United Arab Emirates, and Others. The company was founded by Jeremy Hodara, Sacha Poignonnec, Peter Allerstorfer, Manuel Koser, Tunde Kehinde, and Raphael Afaedor in 2012 and is headquartered in Berlin, Germany.
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Jumia Technologies (JMIA) has formed a Golden Cross on the dailyNYSE:JMIA just printed a Golden Cross on the daily chart (50MA > 200MA) — often a signal of trend reversal.
✅ RSI ~62 = momentum building
✅ MACD flipped bullish
📊 Volume rising — breakout setup forming
🔼 Next resistance: $5.50 → $6.20
🛡️ Support: $4.50–$4.60 (MA zone)
Chart looks bullish — watch
JMIA wave 3 JUST started ATHs coming- LONG updating my previous idea IF November closes forming a SFP this week, this could be beginning of a huge wave 3 for JMIA, next potential target $27 usd where we could see a small pull back (wave 4) to then go to the ATHs in a final WAVE 5. The chart looking super bullish plus the partnership agreemen
JMIA best buy opportunity EVERfollowing ICT this chart is bullish, we created the perfect bottom, and we are in the best entry possible, the RRR is more than worth it to take a shot here, the Afrika emergent market plus the current deal with a huge credit card partner could be the begging for new ATH in the long term,
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.









