JUMIA going down!!!This fraud company was exposed by Citron Research... And its playing out nicely :)Shortby jayce.nugent2
Breakout detectedIs this a 10 bagger? Or close? Let's see if we can make 50 dollars...Longby Crypto_Curry7
Jeeze Louise! Talk about a short squeezeI wish that the run-up to this squeeze continued for a bit longer, but I'm not complaining. It could break out at any moment (probably to the upside!!!!!!)Longby Crypto_Curry5
JUMIA: When to Bottom up?JUMIA has a big shock after its IPO, which rocketed and plunged after that. Now the price stops dropping and begins to consolidate near 10. We don't know whether it starts to bottom up, but if the price break out this zone and pull back, then the bottom will be conformed. So if you are a radical trader, you can buy some now and set the SL below 10 . If you are a conservative trader, buy at the pullback after breakout. Entry: about 10 SL: below 10 TP: 18 and further more Longby AdamHongUpdated 1111
Time for a Jumia bounce?I am no technical analysis but Jumia has gone straight down for a while now. I think it is ready for a bounce at the very least. It is currently on a weekly 9 and as you can clearly see, selling pressure has levelled out. A new low would invalidate this trade idea.Longby UnknownUnicorn17385194
Consolidation breakdown.... The measured move is 0 !!!After the Citron Research announcement stating that JUMIA is a fraud, Jumia's Stock broke down from a consolidation pattern with a measured move to ZERO ! I wonder if it will come true. Shortby jayce.nugent445
JMIA Fresh and So CleanNot much price action available, but I'm curious if the euphoria slows down long enough to retest some lower levels. No trade, just for observation.by UnknownUnicorn461520Updated 5
JUMIA: Where Will It Go?Jumia, African Alibaba, plunged after rocketing. From the chart, long-term bullish bat pattern is for long, but short-term Gartley is for short. What should we do? Sell when the price hits 28.2, then buy at 18.8-20.4 after the price drops with SL below 18 . If the price breaks out the 28.2 directly, buy at the pullback. TP1: 35 TP2: 40Longby AdamHongUpdated 5
JMIA 25.06.19 LongAsset and Time frame -JMIA,4 Hours Entry Price -25.3599 Exit(Stop Loss) -23.32 Exit(Take Profit) - 31.55 The range between SL and entry -2.07$ Technical Analysis -Hourly chart creates a higher high and an ABC pattern on the Fibonacci 0.382 level, both SMA are used as support, TP is set a bit far for RRR3 Why not enter the trade - Strong resistance up ahead at 27$ Is the Market overbought or Oversold -No What direction does the market move -X Higher Highs / Lower Lows -X What can be improved - Conclusion & End of Trade - Longby AviranyUpdated 113
JMIA short.I have a general negative fundamental outlook. I believe Andrew Left's concerns are carry weight. I'm timing my entry technically in a fashion that makes sense. Psychologically, the market has been aware of both sides of the narrative. The post-IPO hype and the consecutive extreme run-up. And Mr. Left's negative narrative and the consecutive extreme drop. Now the question is which narrative will win in the minds of the market participants. The stock has been ranging for awhile. The level I see as critical is where I've placed my stop. It's a level if breached would indicate for me that I'm "wrong" and the market does not agree with my (and Mr. Left's narrative). That level is in the general area of 33% retracement of the big drop and a recent swing high. My target is $10 but I'm placing my exit just a bit above because $10 is a psychological level and we are likely to see some support there. The institutional holdings of this stock are low. There are a lot of retail bagholders. With enough pain they will capitulate.Shortby lentusUpdated 112
JMIA: new stock. Raging hot after the IPO. Dropped a tad over 100%, in violation of EW rules. Making an exception as the IPO offer price could be lower than its opening price. by Will_Wong2
$jmia long $jmia a recent ipo going for highs. We longed this in our chatroom in the morning, booked profit and rehit it later on the day. This stock was an EOD screamer.Longby kunal00111
$JMIA$JMIA was longed in our chatroom in the 33 range. Today it hit 43 around close. This was a continuation play. Did you miss this trade? Join our video chat room, where our master traders call out live trades, provide market commentary and answer your stock trading related questions in real time. bullsonwallstreet.comLongby kunal001
$JMIA such a giverThe gods have blessed us with $JMIA. It's been a stock that keeps giving. Were you able to get your hands on it? Did you miss this trade? Join our video chat room, where our master traders call out live trades, provide market commentary and answer your stock trading related questions in real time. bullsonwallstreet.comLongby kunal001