JUMIA TECHNOLOGIES AG SPON ADS EACH REP 2 ORD SHS

NYSE

JMIA

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...

A basic wedge formation

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.

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.

Asset 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...

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...

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: 40

100%, in violation of EW rules. Making an exception as the IPO offer price could be lower than its opening price.

$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.

$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.com

The 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.com