JMIA - Short Play during an uptrend IdeaFor my autistic friend who wants to go short in a higher low and higher high trend.Longby ufsurf7Updated 1
parabolic breakout continuescongrats to JMIA longs, top trendline is now acting as support :) diamond hands are really paying off here, 100 is right around the corner, stay strong! lets keep eating, goodluck as always <3Longby Vibranium_Capital1126
A 20 fold returns in just 12 months AH.......HOW CAN I MISSED THIS GREAT OPPORTUNITY ? I better get in fast before the train moves off again. I do not want to miss the chance to make good money ! I bet many traders/investors would think along this line when they see stocks that had such phenomenal returns. If you had bought this share in early 2020 at around 2.50 and at current price of around 50, you would have made 20 fold returns. WOW< WOW< WOW........ Before you start throwing in the kitchen sink and sell your house to buy this counter, you may want to understand more. Here's a great article for you to digest on . Would I buy this company ? YES ! At this price ? NO. My main concern is the share price has gone up too fast too soon. We can see that it has gone up 300+% from Nov to Dec 2020 and with no apparent good reasons. In fact, its Q3 earnings was rather disappointing. Does this raise a red flag ? And right before Christmas last year, it took the reverse turn and shares have fallen almost 18 dollars from its high of 50. I expect more selling to come within the weeks and possibly month. That means, market manipulators are behind the scene to push up the price and millions of retail investors blindly follow and chased it up. Just because they are primed as a market leader in e-commerce in Africa is NOT a strong reason to buy this share. It has to improve on its revenue, reduce its rate of cancellations, stabilise its business model, strategise on amount of online advertising, etc. Of course, at this time of writing, millions of retail investors may be bought by the growth story of Jumia and think it will be the next Alibaba or SEA Ltd. So, they won't want to miss the chance , would they ? For me, this is a SKIP for now but I would definitely put it in my watch list and review it again. by dchua1969Updated 333
JUMIA vs HFG: which of the two do you prefer for your portfolio?The mid-term trend charts of the two German multinational companies JUMIA and HFG are presented. ___ Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile. Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here. by Gnothisafton221
Jmia update and outlookHere's a bigger picture White lines are channel lines on the daily Yellow lines act as the trend line and support jmia has been riding since Nov As you can see the area it's been trading in since Feb 1st has been a tight range which matches up with what's showing on the chart with the white channel resistance and the yellow channel support . Jmia should be making a big move in the coming days. short entry would be 58$ / Stop loss at 60$ Long entry 75$/ stop loss at 70$ MFI is in overbought territory Volume is dropping MacD is verging Bearish Let's seeby ContraryTrader4
$JMIA Price Raise Needed! Feb 8thAt a critical bounce level, and we could see a reversal if this support doesn't hold up. 05:04by SimpleStacksUpdated 2
$JMIA: $71+ Target Swing Trade TP#1JMIA looks like it is set to garnish even higher support levels next few days, and I think $71 is quite feasible. That said, please do your own due diligence and invest at your own risk. Everything I say is on an opinion based basis.Longby gamer4561480
$JMIA - call options Grabbed call options when alert hit yesterday Chicken-beak patter and break out then fade. I buy further expirations to give me room to be wrong. This will be a nice payout. Longby katblat1
JUMIA JMIAJUMIA is super bullish and as you know I’ve always been bullish on this and I still am. It will be interesting to see JUMIA reach $70 post market today haha is that possible? Longby tyayinde2
Cup Handle Pattern This is a very long cup and handle pattern, but it works its wonders. Longby tushar_chawla1
$JMIA LOOKING BULLISHBeautiful uptrend on the 4hr chart. OBV spiking and price action respecting moving averages. Let me know what you think! comment below! Cheers! -DPLongby DP5592
JMIA is could break out north and push higher In the long run Jumia should continue to grow as the internet becomes more widely available throughout Africa, fundamentally this is of benefit to the $JMIA. Looking at the price structure it appears to be in a consolidation before potentially making another run which I would expect to be north with the current long term trend.by rahsan4211
JMIA POTENTIAL BULL FLAGLooking for close above $62 to trigger an entry with a first target of about $72.50 then $88. Stop 57Longby jsphamoabeng4
How I have a "risk-free" position JMIA on its way to the moon 🚀I'm going to show you how I ended up with a "risk-free" in $JMIA, what I call the "African Amazon". When I say "risk-free", I mean, whatever I invested, I withdrew, and now, I am playing with "house money". Say I put in $100, and my investment value goes up to $200. I sell half, getting my initial capital back, and now, price can do whatever it wants, and I'm at no additional risk. So for this one, I'll break it down into steps. 1. I bought 3 long-dated call options (i.e LEAPs) for Jumia. 2. A few days later, the option price double in value. I sold 2 of the 3 calls, putting me in a "risk-free" position, with additional profit baked in. 3. I now hold 1 call giving me the option to purchase 100 shares of Jumia at $10. 4. Normally, it would not make sense to exercise an "in the money" option early, but in this case, I wanted to take partial profits at 4x, so I exercised my option. I bought 100 shares of Jumia at $10 (valued at $40), and sold 25. This gave me a profit of (40 - 10) * 25 = $750. Now I'm holding 75 shares. Let's see if this goes to the moon 🚀. by realcapmillen4
JMIA - January 31, 2021JMIA operates an ecommerce platform based in Africa, acting as a full service suite for connecting sellers with buyers, a full fledged logistics platform, as well as integrated payment platform. They are not EBITDA profitable but forecast massive growth in the coming years as they are well poised to benefit from globalization and technological developments. JMIA also has a 16% short float and may see a strong push if high short interest stocks continue to pump from WSB. Finally, AMZN reports earnings on Tuesday AMC and JMIA can be a sympathy play to the upside. Longby AptitudeFinancialAdvisory0
Strong Bullish Trend. Target: $98Greetings Investors, I'm bullish JMIA based on the cup pattern formed on the monthly chart. Bullish Factors: 1. Bullish price action with strong bullish volume for the past 3 months. 2. Bullish Cup & Handle pattern on the weekly chart. 3. ATH after breaking previous resistance at $49.77 4. JMIA may build and consolidate support around $64, before continuing the uptrend. 5. The stock is approaching the overbought signal on the RSI, but I like the ascending triangle it has formed as well, which I interpret that strong bullish momentum will follow. 6. I anticipate that JMIA will reach $98 by 20 Aug 2021 if the current trend continues. Strategy 1. Consider the ITM 20 Aug $20C 2. Consider the OTM 20 Aug $100C Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.Longby chiefwils0n5511
Buy the dip...$JMIAJumia Technologies, are an e-commerce start-up that operates in several African counties. I personally think Jumia has a bright future and has the ability to rival Amazon. The chart shows the area where I have buy orders in the market 🚀 I predict Jumia to reach 110-135 by the end of 2021 As always... this is NOT financial advice Longby tobylettman2
$JMIA Breakdown 1/25 Continuation? $50 $JMIA Video breakdown going to 1/25Long04:42by SimpleStacks117