JMIAAfrican Amazon) bought earlier - yellow circle. I did not add after the flat was formed, but published d the idea on X. Some comments will add lowerLongby Alpha_MindUpdated 0
I see a potential squeeze coming 👀🚀boost and follow for more! thanks 💛 JMIA is break strong trend resistance today but still below its most recent lower high.. Break of that recent lower high/3 dollar round number resistance and I think a quick rally to 3.66-4.48 Longby Vibranium_CapitalUpdated 121244
A Promising Investment in Africa's E-commerceNYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce companies like Jumia to tap into the expanding market and capture a substantial share of the growing online retail sector. First-mover advantage: Jumia is often referred to as the "Amazon of Africa" due to its dominant position in the African e-commerce market. As the first major player in the region, Jumia has built a strong brand and established a network of customers, sellers, and logistics partners, giving it a competitive advantage over potential new entrants.Longby EgideSimba4
Jumia Forming Cup Jumia Looks good at CMP after long consolidation it making higher higher looks promisingLongby stocktwists1
JMIA Flagging - Ready For Another Leg UpJMIA is currently working on a beautiful bull flag. Riding the 20 EMA on the 65min chart, and showing some really bullish volume patterns. First target: $8Longby SWRLS2
JMIA - "African Amazon" - longterm playJumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment. This is not a financial advice! JMIA is also called the "Amazon of Africa* We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work. A small PB to 6 area is possible after this big run up. Keep an eye on 9.5, 12.5 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains. SL under 5.0 TPs approx. 17 maybe even higher to 45 area- i see it as a longterm play. Most info on the chart. Trade carefully!Longby meitshel222
This one took the 100% retracement by the letterI am betting on this one to have bottomed. Also suggesting that this stocks likes leading diagonal patterns. Based on this two assumptions, I am seeing a new high coming in, well deserved after hell of a grind. For traditional TA enthusiasts, there is also an inverse H&S.Longby BelaK6
JMIA; Dead-cat bounce gains or out of depression?Technicals: - Stonks XD Overview: Jumia Technologies AG, often dubbed as 'Africa's Amazon', is a leading e-commerce platform in Africa. Despite a challenging economic environment, Jumia has shown resilience and adaptability. With a market capitalization of $351.98M, Jumia is navigating through a transformative phase, focusing on cash efficiency and profitable growth. Bullish Factors: Market Potential: Africa's e-commerce sector is poised for growth, driven by increasing internet penetration, a growing middle class, and a young population. Jumia, with its established presence, is well-positioned to capitalize on this growth. Revenue Growth: Jumia reported a revenue of $44.9 million in Q3 2023, marking an 18.8% increase in constant currency terms year-over-year. This growth, despite the 11% reported decline due to currency fluctuations, indicates underlying business strength. Cost Optimization: Jumia has significantly reduced its operating loss by 57% year-over-year and its Adjusted EBITDA loss by 67% in the same period. This demonstrates effective cost management and a path towards profitability. Diversified Revenue Streams: Jumia is not just an e-commerce platform; it also offers logistical services and a digital payment solution, JumiaPay. This diversification can be a key driver for future revenue growth. Strong Liquidity Position: As of September 30, 2023, Jumia's liquidity position was $147.4 million, indicating a solid financial buffer to support its operations and growth strategies. Risks to Consider: Economic and Political Instability: Operating in multiple African countries exposes Jumia to diverse economic and political risks, including currency fluctuations, as evidenced by the impact on its reported revenue. Intense Competition: The African e-commerce market is attracting global and local players, intensifying competition. Jumia needs to continuously innovate and improve its value proposition to maintain its market position. Supply Chain Challenges: Logistics in Africa can be complex and costly, impacting Jumia's fulfillment expenses and overall efficiency. Consumer Spending Power: With varying levels of economic development across its markets, consumer spending power in Africa can be unpredictable, affecting sales volumes. Regulatory Risks: Diverse regulatory environments across African countries can pose challenges in terms of compliance and operational flexibility. Conclusion: Investing in Jumia offers exposure to the burgeoning African e-commerce market, with the company showing promising signs of growth and cost efficiency. Jumia's diversified business model and strong liquidity position are key strengths. However, investors should be mindful of the risks associated with operating in a complex and varied market like Africa, including economic instability, intense competition, and regulatory challenges. Balancing these factors against individual investment goals and risk tolerance is crucial for potential investors in Jumia. I'd be hesitant around $18 also whether we get a hard-landing, flip narrative when data suggests otherwise. Longby Muri0012
Next stop, $3.8-$4.00?NYSE:JMIA responded very well on the lower end of downward channel + horizontal support of $2.3. If the stock climbs back up to the long-term trend line from March'20, we can expect it to rally towards the top side of the channel i.e. $3.8-$4.xx in the coming weeks. Disclaimer: This is not financial advice. Please make your own decisions while making an investment. Longby mustafa_beyUpdated 1
JMIA: Bounce from double bottom, are we in wave-3?NYSE:JMIA seems to have formed a double bottom around the $2.3 support area. Price action seems to be picking up, yet to break the double resistance area though ($2.6-2.8) before it can rally up to $3.4 part of wave-3. With earnings coming up this week, anticipating stock to be a bit volatile. Disclaimer: This is not financial advice. Please make your own decisions while making an investment. Longby mustafa_beyUpdated 1
TYPES OF MARKET ENTRY TECHNIQUESWhen it comes to looking at entries on zones. There are two types of entries that you can use both of their own pros and cons. Risk /Aggressive/ SET 'n' FORGET entry Confirmation /Conservative entry RISK/AGGRESIVE/SET 'N' FORGET ENTRY the risk entry is aggressive in this case your are placing your buyer limit order on a zone, looking for price to tap into it take you into the trade and continue in your overall trade direction, but it doesn’t provide as much confirmation it does allow for an aggressive entry and provides quick entry when you are not able to be on the screens or if confirmation is simply not available. you practically identify POI on the HTF and using the LTF to refine that POI, set a limit on the refined zone for your entry An example would be using a H4 POI and filtering the point of interest down to a 15 minute setting a limit order on that 15 minute ZONE. ADVANTAGE it provides trades that will can give a high risk reward. is best used when the point of interest in the overall trade idea is with the prevailing trend is also best used when approaching a trade aggressively it also is useful when price is correctly moving back to an overall point of interest. DISADVANTAGE you get minimal Confirmation for entry, so the chance of being stopped increased Overall. CONFIRMATION /CONSERVATIVE ENTRY confirmation entry provides a little bit more confirmation and little more conservative compared to the risk entry. Your entry poi is in the higher TF, you refined using the lower entry You picked desired a point of interest, dropped down to a lower timeframe and wait for a break of structure in favor of that point of interest and enter off a newly created ZONE. ADVANTAGE it provides additional confirmation prior to taking an entry you are seeing a change of structure or change of trend in favor of the trade prior to actually taking the trade it also provide a higher risk reward as the point of interest is refined and execute using a LTF which allows u have a high risk reward. is best used when the range between a higher time frame poi and lower TF refinement is quite large. Is also best use when price is rapidly moving back to a point of interest. it’s best to use when there are multiple point of interest to consider that way your truly waiting for the market to show its hand prior to taking an entry DISADVANTAGE you may miss trades that simply do not touch the newly created ZONE on the Lower timeframe you might not get a break of structure that forms another zone u can enter the trade might just touch the POI and continue moving. *** POI: point of interest, where u plan to likely take the trade HTF: Higher Time Frame LTF: Lower Time Frame Educationby M2FINANCIALS444
$JMIA Long from 3.41 1/5th size (Cypher) Long same rules apply, smaller size due to >20$ Average 3.41$ Thanks for your support, please drop a like if you appreciate my idea :) Longby FrancesMarie13
Todays simple tradeTodays trade, entry when RSI is touching/narrow target 12% R2 6.17 R1 5.75 S1 4.33 S2 4.07 Longby flxtcha5
JUMIA $7Its highly unlikely that Jumia ll survive the comming market downturn and the omicron affect together. Thus based on this the technikal and fundament arget seems to meet eachother. Price target $7by ElGatoTradeUpdated 444
what pattern is this? :D95% from the highs clue: this pattern exists only because Christmas is coming by Kangaroo-Market113
short and go LONGstrong resistance from 200 day MA, if it cant cross then stay short, else go longShortby LetsBeMillionaire2
falling wedge enter at bottom or after breakoutfalling wedge enter at bottom or after breakout..The Leading E-commerce Platform in AfricaLongby Ark_TradeUpdated 4
Will it break through? 👀approaching resistance zone in a very bullish trend channel, i won't be surprised to see it break above after hours or near close. Watching for longs above 8.60 / shorts below 7.20Longby Vibranium_Capital3315
JMIA Jumia Technologies Options Ahead Of EarningsLooking at the MMAT Meta Materials options chain, i would buy the $8 strike price calls with 2022-8-26 expiration date for about $0.48 premium. Looking forward to read your opinion about it. Longby TopgOptions336
JUMIA still inder fire As everyone is really excited due the ER whether is in short/long position. In advance, Rome wasn't built in a day. We saw at the Amazon that workforce expense and shipping cost hit/strode them hardly and I expect the same in case of Jumia. What is really a struggle for me is how to evaluate the currency exchange. Their major market is: Egypt, Morocco, Ivory Coast, Kenya and South Africa. So how they handle different currencies when they change. I know my question little bit silly but I would be happy if someone would give me a nice lesson (and for everyone). It’s important because their operating area is special, thus it’s in my opinion wort to keep in mind how the different currencies effect the company consolidated balance on daily weakly basis and so on. Total outstanding shares (Million) 2017 2018 2019 2020 Current 78,53 78,53 78,41 89.63 98,59 ( 20% more shares ) This table above will be an important point. I saw in Yahoo finance comments that a lot of “traders” is calling 50$ again and so on. Its not impossible but highly unlikely due the company increased the outstanding shares by 14% by the end of 2020. In near term (1Y) I don’t expect the share will reach 50$ without significant catalyst. The expected development of the company fundaments also does not point for such a high valuation. The current outstanding share increase from 2017 is 20%. Not so good for those who expecting 50$, although its not impossible with surprisingly strong ER. But highly unlikely – We expect downward pressure due shipping and labor cost. Price target 20$ before any huge buying happening. by ElGatoTradeUpdated 0
COME ON JOJO! LOLWe are expecting a reversal in trend in JMIA very soon and a fly up to >$100! GOODLUCK!Longby VitalDirection332