I have been bearish since 25-30 here on JMIA but now we finally broke downtrend and doing retest bounce! finally some signs of a bottom on JMIA after months of blood :) will be monitoring over the next few weeks to see if its really ready to rally or if t his is just taking a rest before another leg lower. If I get in again I will target 13.89-24.05-32.55
JMIA must reject and start going up or it will go ZERO! TP: 120 SL: 4.47 GOODLUCK!
I believe I can see at Jumia Technologies share, XABCD pattern on Monthly chart. This pattern is very bullish on the share..
JMIA has broken out of a decent base and the downward trendline. Needs to hold above the trendline and green box. Will be waiting for some consolidation or pull back before entry. Good chance this moves higher if the growth names continue to show strength. First target would be the 15.50.
JMIA Breaking 50 Ma. Amazing risk reward swing trade set up. Don’t Forget to check my other MY BIO FOR RECENT trade ideas and ALSO. Don’t forget to subscribe for IN QOOORE FOR details in specific ENTRY PRICE, STOP LOSS AND TARGET. ‘!!!!!! IT’S FREE !!!!!!!!! Username: SWINGTRADES If YOU NOT a hater and support others like this post! It does MAKES...
ABC down finished to complete Wave B and now ready to head up to complete Wave C. Target: $100 / $200 Area Invalidation: $6.41 GOODLUCK!
Hello Dear traders! According to my analysis using multi tools, my opinion about JMIA is to turn to bullish move before the end of 2022 TP1 AT $11 - TP2 AT $17 - TP3 AT $30 The probability of what I analyzing, is to be true unless the opposite is proven Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching Have a nice trade
It could go down to 5.50 before rallying again. Once it breaks above the top trend line, I expect it could hit $18 range.
thankfully I secured all my gains for big profit when it was over 20, dodged a bullet here. below 7 theres not much support until 2.33! over trend resistance we have a bull rally, I will update if that happens. But I am bearish for now! like and follow for more 💘
Potentially great risk / reward setup for long side trade here on JMIA. Possible 50% reward here with only 15% drawdown risk. JMIA hitting long term support and a fib extension level i had. Now putting in a nice hammer with good volume coming in. Looking for retrace up to 382 retrace minimum at 12.00 area and SL at 6.75. Trade at your own risk.
Jumia has dissapointed investors due to its slow growth expressed in both, weak figures and a lack of onboarded customers. That being said, a price reaction can be clearly seen on the charts. However, Jumia has chosen the African continent as its target market and wants to be the Amazon dominating ecommerce. This gives tremendous opportunities to grow. Analysing...
4th Jan Tuesday marks the 5.618 FIBO in regards to the first impulsive wave. Will it react and gap up? strong move up? GOODLUCK!
Recently broke out of falling wedge and is likely to bounce off of the top of the wedge and use it as support. Double bottom recently played out inside the wedge. JUMIA has been in a downtrend for months. Price target around $15+. This is no guarantee and is just my analysis. Not financial advice. Trade at your own risk.
Wave 2 should be done and should fly from here! Target $85 GOODLUCK!
Looking for breakout above resistance of $12.57. Once broken, can see $14.97 (second resistance). First support level $11.37 (look for a bounce off of this level). If it can't hold, we may see as low as $9.95 again.
Two possible scenarios: 1- Correction finished as double zigzag and ready to fly 2- Correction unfolding as triple zigzag and we should see a drop to $4/$8 area before flying up I will follow the first scenario as long as the recent low of 9.94 is holding. Target: $85.58 GOODLUCK!
Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates. They kept diluting their shares in the last year and investors were disappointed by the results. i see two scenarios: it bounces from this support and the price target is the 21usd resistance. it drops to 8usd, according to the head and shoulders...
Buy orders set for $7 and $5. Opening below current price = More likely Playing supports is key for a stock like this.