approaching resistance zone in a very bullish trend channel, i won't be surprised to see it break above after hours or near close. Watching for longs above 8.60 / shorts below 7.20
Looking at the MMAT Meta Materials options chain, i would buy the $8 strike price calls with 2022-8-26 expiration date for about $0.48 premium. Looking forward to read your opinion about it.
As everyone is really excited due the ER whether is in short/long position. In advance, Rome wasn't built in a day. We saw at the Amazon that workforce expense and shipping cost hit/strode them hardly and I expect the same in case of Jumia. What is really a struggle for me is how to evaluate the currency exchange. Their major market is: Egypt, Morocco, Ivory...
We are expecting a reversal in trend in JMIA very soon and a fly up to >$100! GOODLUCK!
Rode this bubba by a stroke of luck few summers ago , always thought Bezoz was going to buy this maybe he does now at a discount either way quickie 100% possible before we come back down to mitigate the move and then resume up . still expecting $ES to deviate around 4100 for lower
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
WXY in B Wave down and Y Wave ended it as triangle. Target: 100/150 GOODLUCK!
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.
JUMIA is a German company that operates in Africa and is most known for its e-commerce side. but, in my opinion, most interesting thing about this company is its other 2 parts of the company. jumia logistics -> this part of the company offers logistic to the main e-commerce, BUT also is now open to third parties, both local sellers who wants to operate with...
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.
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...
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.
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!