Africa
ADA Coin Partnered With World Mobile To Deliver Telecom Network ADA coin price traded at $1.36 with a gain of 1.06% in the last 24-hour and 14.08% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a flat slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.55
Support: $1.0
ADA Token Still Accumulates, Are These The Signs Before ExplodinADA token price traded at $1.36 with a gain of 1.22% in the last 24-hour and 33.3% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.56
Support: $1.0
Wheels up. See you in Africa!Go long on the human race; stake your ADA.
From the IOHK YouTube channel:
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Further technical reading: Cardano Roadmap
$JMIA technical analysisHello, today I've analyzed NYSE:JMIA . I'm looking for constructive criticism since this is my first published idea. My short term sentiment for this stock is bearish but in the long term this stock will shine!
This stock has been beaten down not because of bad fundamentals or catalysts but It has been dragged down with the rest of the disruptive company stocks. I see this as a great opportunity for getting good deals.
Why It will keep going down
Current market sentiment towards inovative tech and e-commerce is bearish.
Bearish continuation pattern.
Bearish momentum towards the downside not slowing down.
Broke straight through previous support.
Price targets
My short term price target is bearish towards $28.
My mid term price target is bullish but this depends heavily on how fast the market rebounds. There for I will not set a mid term pt.
My long term price target for this stock is $68.
Conclusion
Personally I believe this company has a fundamental idea and It will dominate the African e-commerce market since It has no competitors in this space.
This stock is a buy even at these prices, but I would wait for It to go down to the low $26 high $29 levels before buying more shares.
OBS
Note that I'm a little biased towards this stock since I hold shares in It! My GAV is $37 and I will be averaging down.
Time to fade the dollar move and long the South African rand Risk markets were a bloodbath this week. Explosive moves in the RV yield curve space caused ripple effects across a variety of asset classes. The US equity market was significantly affected, albeit only 2.5% from SPY ATHs. That said, there were some vicious sector rotations with momentum (TSLA,AAPL) really underperforming. EM took the brunt of this hit too, with the rand down over 4% on the 25th Feb. Today we come into a setup where the rand fell further and is now starting to rebound, in line with broad equity risk and a potential short-term top in yields. I'm entering long zar against the USD, targeting the 10day EMA at around 14.77. I will take 4/5 of the trade-off there and let the rest run.
South Africa is a fundamental buy #EZASouth Africa is one Emerging Market economy poised for success given the recent dollar weakness. Today's retail sales data, +2.6% YoY vs 0.4% last month proves sequential acceleration in the macro data. Moreover, the noise around Eskom and SAA has been going on for years now and is merely noise. The only cause for concern would be a further downgrading of the Sovereign Bonds, which doesn't seem to be on the near term horizon. Naspers makes up 25% of the ETF, and with it's holding of Tencent in China, it should perform well given recent macro inflections out East. Recent Chinese PMI and output upticks prove the current reflationary theme being played out here in Q1 2020. Technically, the symmetrical triangle looks poised for a breakout or breakdown. Given the fundamental picture, I believe there is great risk/reward to the upside.
JMIA is could break out north and push higher In the long run Jumia should continue to grow as the internet becomes more widely available throughout Africa, fundamentally this is of benefit to the $JMIA. Looking at the price structure it appears to be in a consolidation before potentially making another run which I would expect to be north with the current long term trend.
AFRICAN RAINBOW CAP INV. Possible long opportunity coming.AIL offers disruptive banking solutions in South Africa.
With such a strong monthly downtrend, we will need some sideways consolidation in this range, in order for us to change the trend and ultimately move higher.
Given the current economic climate in emerging markets, this is one that I am putting on my watchlist.
If we were to see further consolidation at these level, while still holding support as seen on the chart. 220-225 range. We would then look for some expansion to the upside. that being said, a push in the fintech sector might break through some resitance levels, in which case we will look to get involved on a pullback.
** this would be a longer term play and one that needs some more time to play out. I will update as we progress.
$JMIA African Amazon. Looking at the Charts.After much skepticism $JMIA has found it sell one of the hotter stocks on social networks ( they have sites for that). $JMIA is compared to $AMZN as the African version. Taking a deeper look, the company has potential but suffers from potential infrastructure problems as it expands across Africa.But they have big goals and seem to be taking the steps to meet those. A Lot of potential in that business and in the charts. Looking at the charts, JMIA has formed a Cup and handle on the daily chart and looks like it could break out bullishly. Also aligned with this breakout is earnings, and this is where we could see a rocket or an anchor. Expectations are not to much higher than last quarter and I am expecting a decent beat. Guidance is where we will have to see. Good luck and happy trading!
Sasol - JSE - Analysis October 16 2020This is my first analysis I published on TradingView.
I have bought Sasol at multiple levels over the last few months. I entered at R60 and bought a bit more to the top and sold out at 155 keeping the houses money invested. As many have seen and spoken about Sasol fell from a peak in covid of R180 and Showed resistance and support at R150 , Lost Support and Momentum which I believe brought the stock back to the R130 level.
Looking at chart analysis there is a simple yet huge divergence on the RSI line also looking at the volume oscillator showing us that it is still being in the same range of buyers vs Sellers.
I honestly think the news of them selling 50% of their future cash cow was bad for the market however Sasol trades much more related to the oil price and the USD/ZAR.
Taking this all into account along with the break at 2 trendlines I initiated a large position at R104 with stop loss at R89 and Take profit target at R130 (1 Month time span | Good potential for breakout and climbing the ladder to R150 before year end again | R210 1-3 Years Target
African Amazon $JMIA been silent for awhileFA,
- African Amazon (so they say)
TA,
- MACD golden cross
-RSI reversal
- Big volume spike (double the average)
-Forming a nice base
Concerns,
- Transparency of numbers coming in
- Have no clue what it's like in Africa
- Too hyped.
Entry: Under 8
Exit : 10.5
SOUTH AFRICAN RAND FUTURES WEEKLY ANALYSISHello everyone
the weekly chart for this market shows the downtrend in the next week. but to be sure of the successful seller entry it is better to wait for the break in level 0.056114
also we must be vigilant of the change in the direction of the market
please subscribe for more details
EM1 Signs agreement with MTN Emerge Gaming signs a 2 year agreement with MTN to distribute and market Emerge’s mobile competition and tournament platform technology. Huge potential with big profits for both companies. Great exposure for EM1 with MTN being the eighth largest Mobile Network Operator in the world and the largest in Africa. MTN has committed to invest into the marketing support and prizes in the first 12 months of the agreement. EM1 has also stated they have efficient cash on hand to fund the launch of the MTN Arena platform.
In my analysis I have marked the support and resistance zones.
leave a comment if you have any other ideas.
Economic, geopolitic, monetary news. Issue No 5.Interesting period... Who would have thought that my ridiculous and crazy conspiracy theories would have come true?
China working to destabilize the west, most of covid fears months after I explained why they were wrong, are slowly getting proven to be... dumb and fake.
Even got reported and sanctionned lmao. Everything here was predictable and I predicted it.
But sure, I need to take my pills and all my calls being correct is "just luck".
Not saying I did anything special, plenty of "crazy" people saw it all coming, in general they have working brains thought.
1- No symptom covid transmission very rare & expert scientist resigns, imagine my surprise 😮
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This "expert", now called "World’s worst computer modeler", previously called "Professor Lockdown", that predicted 500k deaths in the UK, has resigned in shame after destroying the world economy. Oh, he also broke lockdown himself. He did not even respect his own lockdown. This is just amazing. 🤡🌍🤡🌍🤡🌍.
The worse predictor in the world also said the US would have 2 million deaths. Unlike all the buffons that made apocalyptic calls on the internet and are now hiding or pretending it never happened or ignoring my messages (p***ies on top of clowns & idiots), this guy has to answer for his failures.
Now that it all aged very badly and we know there is almost no transmission of covid on asymptomatic carriers (funny how the WHO admitted this just after Trump cut their money supply from the USA), and 1 to 2 third of EU/NA were immune before the outbreak (because this coronavis is very similar to other ones), and the mortality is very low, some people are feeling the backlash.
And it feels really good. I was right all along, and the "experts" were wrong (or lying). Aaaah it just feels great!
What I don't know and am not predicting is if the virus came from a lab or not, I am not going to learn about virus structures and spend hundreds of hours analysing covid-19. We'll see.
If China is doing some Biopreparat... That would be bad... Using woke clowns to destabilise the west is bad, but that ... would be extremely bad. Whole world would be pissed. A complete isolation campaign could happen.
2- EU says China behind huge wave of coronavirus fearmongering, imagine my surprise 😮
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European Commission accused China of creating a huge wave of disinformation (in their own words). They made this official statement:
“Foreign actors and certain third countries, in particular Russia and China, have engaged in targeted influence operations and disinformation campaigns around COVID-19 in the EU, its neighbourhood and globally,”
ec.europa.eu
There is no mention of Soros in the document, so they're not full redpilled on the "conspiracy theories".
Usually they don't make announcements like this, do they? The media calls this unprecedented, I do not know if it is, but for sure they don't usually make "conspiracy theories".
Russia and China are “seeking to undermine democratic debate and exacerbate social polarisation, and improve their own image in the COVID-19 context.”
Imagine my surprise ;)
Well, Twitter deleted 170,000 chinese accounts, but the propaganda farms will just create new ones. Antifa etc should stop spending so much time on social networks...
If you have never seen a propaganda farm type "Chinese mobile phone bots farm" in duckduckgo.
Google is so compromised I recomment avoiding it, unless it's to laugh at it (type "European people history" in google images if you don't believe me, it's really ridiculous).
3- China & Russia behind BLM to exacerbate social polarisation, imagine my surprise 😮
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There is a minister in france that is an absolute moron and I hated from the first day I saw his moronic face, he said that "emotions were above the law".
What an absolute pos. More and more people hate him. Don't judge a book by its cover they say... Ye right, I hated him from day 1 and every one progressively is hating him too...
I've never hated a politician this much it's insane, and I think the french are starting to feel the same way haha.
His face, his stupid smile. Even before he uttered a word I disliked him. Gosh you look at him you just want to punch him I swear.
And the disgusting communist leader in France, JLM, which I respected till recently because he seemed to understand certain things, he has completely cancelled anything he said before about "opposing tribalism" and just shat on everything he stood for, saying now that tribalism is good, and trying to profit from dumb mobs emotions.
And who is behind alot of this emotional manipulation? Other than Soros & US democrats? Chhhhiiiina! They spent millions to buy ads in magazines (and we don't know how much they spent in hidden ads, as you should know the media business model stopped being viable years ago).
Twitter just deleted 170,000 chinese accounts influencing covid-19, Hong Kong protests, and George Floyd. I don't think they liked the trade war or the west influence over Hong Kong (except they had a deal to leave HKG alone for 50 years!).
China has officially said that Australia were "chronically racist", and openly used that as a propaganda tool against the US too, one example is they declared the US had double standards, but I won't make a full list. It's what you'd expect.
The US and Europe should not do trade wars with China. Probably should not trade at all.
They should stop this globalist nonsense, have their own info sources, their own social networks, and reduce outside influence.
The bigger the herd, the dumber! Globalism means more herd mentality not less.
4- FED to keep rates free, use buddies to buy stocks, and more, imagine my surprise 😮
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FED had its planned meeting... Oh well so they are going to keep rates low, continue their mainstreet lending program for small businesses, use their Blackrock buddies to buy shares (it's illegal for the FED to buy shares so they found a workaround, just like they have been monetizing the debt because they're not supposed to print money for the government). Complete Oligarchy system, robbing the public via inflation and now even directly using taxpayer money to enrich big banks fat cats! Really! They literally are using tax payer money now!
It's much worse than the financial crisis bailouts! They are responsible for all the hatred, the racism towards whites, and so on.
People are idiots! Why can't they understand this?!! Only the far far right and far far left seem to have a clue!
And not all the far right & left, the woke idiots don't have a clue.
I want this parasitic scum to get eliminated from society.
You can read more here:
mises.org
www.federalreserve.gov
wallstreetonparade.com
5- Iran special program for afghan refugees: burning them alive, imagine my surprise 😮
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Afghan officials said 1 month ago that Iranian border patrol forced 45 Afghan refugees to walk in a river at gunpoint, which killed them (you can imagine the kind of river).
There are different stories and videos, some refugees getting shot, some burned in a car, and more.
Aryan literally means indo-irano-european, it's the people from that croissant shaped area, hey maybe Iranians are soon going to be called white supremacists?
Nah, no one cares. Afghans forced into a violent river in Iran, blacks sold as slaves in Lybia, 8 yo forced brides in Yemen, palestinians bruned with acid, who cares?
Heroic criminal high on drugs that died after fighting police is what's important. Let's all burn candles and sing songs together 🤤.
I heard that China was terrified of letting migrants in and in particular black ones, funny. Let's see if we hear more about this.
All countries in the world are putting their foot down and saying no to migrants except good old west europe & its offshoots.
6- Ghana message to Black Lives Matter: Come, Africa is your home, imagine my surprise 😮
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Ghana again. So back in 2017 the president said to french president he was not interested in "charity" anymore, and the country has been planning on building their economy.
He compared the exodus out of Africa to Italians mass migrating to the USA when italy economy was bad, but they stopped now that... wait what? I must have missed something ;)
Most african countries are pissed that China used to be poorer than them (long live communism & cultural revolutions), and is now far ahead.
Fun fact: The 1rst president of Ghana after their independance was a communist/socialist, and a statue of him only recently recovered its head after angry anti-communist mobs removed him (and statues) during a coup in 1966. Same old story lmao. Now there is a mutilated statue of his body, and next to it ANOTHER statue with just his head :D
At least they removed the RIGHT statue and they had a clear reason, unlike those complete morons removing Churchill statues because "idk racism or something".
In 2018 Ghana president announced the "Year of Return, Ghana 2019", 400 years after the USA received their first slaves from west africa (August 1619 to Virginia), and nearly 200 years after slavery was abolished.
So continuing its efforts, Ghana, that cannot retain much of its most ambitious young (and we know most of a country economic success comes form the top 5%), Ghana tourism minister to be exact, during a George Floyd tribute, called for african americans to move to Ghana. "You do not have to stay where you are not wanted forever. You have a choice and Africa is waiting for you". The country is already full of plenty of different groups, there are plenty of different ethnies (explains why slave trade was so big), so they are used to it already and it won't make much of a difference where the migrants will come from, unless... blacks born in the US act like rioting gang freaks and are a net negative on society (like in the USA) and african borns turn on them (which is very possible).
They are probably also trying to add fuel to the fire: If the west becomes less desirable, their elites won't leave and some might even come back!
Ghana will need alot of pandering and to provide reparations for afro-americans to go there. The US right probably would like them to take rioters communist and criminals but keep the productive ones, the left wants to get rid of productive ones and keep the dependant losers that vote for them in exchange for welfare promises.
Do note this announcement was made by the tourism minister :) cling cling.
Benin still has the door of no return standing! The region does not have a ton of monuments, if they develop and build a big beautiful wall east/south (of Nigeria at least) I'd visit there. An anti warlord & ebola & aids etc wall.
Unsure how the west will deal with its low fertility rates after migrants stop coming in. Jk I know how, bear bear bear.
Sub Saharan Africa has a dependency ratio much higher than Europe, twice as high! (mouths to feed/working age population), and their working age population, educated in particular, men in particular, are massively exiting their countries. Europe has around 60 mouths to feed for 100 non senior adults, black Africa has over 120!
Their high birthrate is literally a never ending ponzi lmao. So many mouths to feed... Really hurts the economy, and this is what Europe & NA is facing with their low fertility rates, which they try to slow down by inviting so many migrants in (except their emotions have caused them to let unproductive refugees in).
Africa has to keep its working age population in or the ponzi and poverty will never end, or over a very long time and very painfully.
Which shows something interesting... If the woke community cared about environment and CO2, and had a brain, they would be strongly fighting immigration...
Not only do migrants add CO2 and all of this, but the whole world outside of black africa has pretty low baby rates, and black africa baby rates will go down much faster than currently if they keep their adults in and their economy is allowed to develop (also means letting them use Oil & coal)!
I've seen a report saying that 200 million women in Africa had way more children that they wanted, and lots of families wanted less children but couldn't afford family planning.
Bill should send condoms rather than vaccines. He prob gets off on hurting people so that's why he wants to send "vaccines".
I'm guessing the world population will go up to 10 billion, maybe a bit more, then peak stagnate and decline from there...
1.5 billion in America, 4-5 billion in Asia, ~3 billion in Africa, and Australia and Europe and the middle east put together what 1.5 billion?