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If this is it.... OMG. Extremelly bullish here.
quickPost: NYSE:JMIA JMIA may be reaching completion of its recent impulse movement. Just took a quick look so this one may need some polishing
$JMIA Video breakdown! Hope yall had a great monday!
* Stock is up 1100% this year. * It's trading at 27 times sales (not earnings) * Average price target is $28 and is trading above the high estimate of $61 (low of $9.50) * it isn't run by Elon Musk. $38 price is still generous, but like John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”
JMIA is currently testing its previous trendline as support( green line ). The candle pattern and standard deviation pertaining to strength of move in relation to volume, indicates that a base has been formed above the previous resistance. If the price action is able to break the current resistance( blue line ) formed within the move above the previous...
Noticed the nice retest of the IPO price on 17 Apr 2019. I get the feeling a lot of traders overall are spooked, but I loved the shape of today's closing reversal candle. Today (26 Feb) was also on a TD 9 buy on the daily chart, or as some would say, today was a good catch of a falling knife if you like to trade the TD sequential momentum indicator. I also picked...
Greetings Investors and Traders, I'm remain bullish JMIA. Observe the rounding top pattern formation. You can read more about this pattern here: thepatternsite.com 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...
Please check $JMIA H&S Completion that goes into the start of possible IMPULSE leg 5 of Elliot Wave
Full Technical breakdown on $JMIA ! Hope yall had a great weekend!
Video breakdown on $JMIA after Earnings!
going to watch this today, and if it can put in an inside candle, i’ll set it up... or i’ll miss it
I see a three drive pattern w pin bar(spring low)off lower of box structure @ 618% on daily w volume. they may drop it to pink line i marked off $JMIA has given some of my bigger returns pls see last to post for huge returns on $JMIA longs from 20 and 36
hello everyone, Jumia tech is now at the support level, so I predict it will go up now. It also broke the resistance line so I think it will do that again in some time. Do note, you should not just blindly follow me, I don't want any one of you to lose money. As always: have a great day!
JMIA 2-4 Week Horizon Price is trading at 21ema area and seems to be holding. Stochastics is at an oversold level ready for a bullish move. Price seems to be about ending wave 4 and by theory should reverse around the 38.2% Fibonacci level. As long as 54.15 support holds we could see a move up in price and a possible wave 5. MACD lines pointing down and...
Greetings Investors and Traders, I'm bullish JMIA based on the following: Bullish Factors 1. Bullish flag pattern formed on the daily chart. Watch for a channel breakout, with volume confirming the move. If valid, target resistance around $70. 2. Rounding top formed pattern formed on the daily chart. Strategy 1. Consider the 16 Apr $60C, $65C, or...