Jumia Technologies: Nearing a Swing LongEarly days but potential change of trend, with descending channel ceasing. RSI (57) transitioning from neutral to a bullish regime. Pivot held. Next: Must get & stay above $32.50 to confirm. Pre-market: $31.09. Stop: $27.40. Longby LD_Perspectives111
JMIA Inverse head and shoulders pattern (target: +40%)JMIA Inverse head and shoulders pattern (target: +40%)Longby Aksjetraders1
Bullish Inverse H&S $JMIA$JMIA has been popping up with heavy bullish call buying and has formed an inverse head and shoulders pattern. Waiting for it to break the neckline with gusto to buy. A great name to trade, and a great time to go long. Longby EBITDAtiger2
$JMIA Inverse Head and Shoulder formation$JMIA is looking good at recent price rally and forming a nice invert head and shoulder formation. Price target 49.00 which is the depth of the head to shoulder. Right shoulder is forming to level of left shoulder imo.by Silverbullet1210
JMIAWyckoff accumulation on the 2H? Test takes a bit longer than expected, however clear inverse H&S. Above 34 directly more bullish Amazon of Africa in the making? Longby MLinv224
Sunday Prep 6/27 - A break over $34 will trigger long playsNYSE:JMIA STRONG STOCKS LOOKING FOR CONTINUATION From Sunday Prep Jun 27, 2021 prepared by TrueTrader pro @RickyAnalog --- There is a very strategic reason for having this name on here. If you look at the NASDAQ:TIGR chart (especially the weekly), you’ll see that it has already made the long setup that I anticipated NASDAQ:TIGR could do. We need to break over $34 to really trigger the setup, and at that point I would still want to see pullbacks to support to get long. But I like this chart for an overall swing long. The weekly chart shows the only thing I DON’T like about this setup That is the weekly 20sma looming just overhead. But, like I said; I would want this to trigger and then offer better prices later. So that really takes that worry out of the equation. Also, the weekly ALSO shows something that I REALLY love about this chart: Where this pullback came back to. You can clearly see how important this level has been.by TrueTraderOfficial0
WATCHING $JMIA for ENTRY TARGET @ 20.44WATCHING $JMIA for ENTRY TARGET @ 20.44 I’m practicing to nail my entries even better… if target hits I will take a position.by SPYder_QQQueen_Trading12123
JMIA MASSIVE C&HNot sure if this will breaout upwards. But it seems to have formed a massive cup and handle on the daily. Could be a good possible swing play but it is risky. I personally will not play this even though i do love the cup and handle pattern! The handle fetraced nicely to about 50% from the high. This could explode easily over 30/31$.by AngD1899110
Bullish #JMIA $JMIAWithin this avwap channel - long term play, fine entrance area. Longby seriousMoth411261
Jmia hitting buy zone 2/1 rr goo risk/ reward 1st target 30 2nd target 33 25 stop loss Longby dwarscoUpdated 111
JMIA Elliott wave projectionAnalysis is based on Elliott wave projection and heads and shoulders. Long term it could surpass 86. Refer to libre mercado for comparison Longby heshamahli229
Wait for pullbackA retracement to golden zone would be a good entry point on this one. Longby rbswingtrader334
Clear head and shouldersClear Head and Shoulders pattern formed on the daily chart of JMIA Price broke the neckline and probably we wil see al retest, and then will continue the downtrend. DMI indicates that bears are in control and the trend (downtrend) is likely to continue. MACD continues to be negative with the fast MA below the slow MA. Fundamentally, the company continues to be unprofitable and has not had much growth in the last 4 years. This is my position: Short @ 30.01 SL @ 33.67 TP @ 19.27 Do your own DD!Shortby RobertPetkesUpdated 1
long JMIAGo long JMIA, breaking out after a 3-month long sell-off/correction, looks ready to rip even further with a bullish MACD cross and pattern in stochastic RSI showing strength like it did before the previous bull runLongby EBITDAtiger224
$JMIA can rise in the next daysContextual immersion trading strategy idea. Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates. The demand for shares of the company looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $28.99; stop-loss — $27.05. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me! Longby KozakHlibUpdated 3
Dragonfly Doji Consolidation on 20 MA JMIA UPTREND, 1hr chart, Considering that companies like $AMZN and $MELI have been able to establish themselves on the continents of N and S America, respectively, $JMIA appears to be a possible LONG position opportunity. JUMIA tries to establish itself across the continent of Africa, which has grown its infrastructure and economies significantly over the past decades due to due to technological advancements and overall standard of living Although conflict and corruption toils the countries' economies, I will keep a close watch on JUMIA because projects like ]]Elon Musk's SKYLINK satellites could exponentially allow JUMIA to facilitate E-Commerce growth African countries, a goal and business model it shares with aforementioned companies. JMIA last Earnings Report was positively surprising. The company has been able to reduce its losses by (1/3) $10 Million Year to Year. Looking at its ER, take into account JUMIA's efforts to expand infrastructure for its business.Longby MMMarekUpdated 0