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...
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...
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.
⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
Video breakdown on $JMIA going into 3/31
I don't know much about the current state of the company, but this Head and Shoulders pattern that's playing is all to textbook to ignore. The rest of this month will likely complete this pattern. Strictly from a technical perspective, I can see the stock falling to the $32~$34 range. OR it could takeoff to another galaxy. Only Time Will Tell.
Video breakdown on our FAV $JMIA! Greatsetup and Volume!
$JMIA Video breakdown! Hope yall had a great monday!
Full Technical breakdown on $JMIA ! Hope yall had a great weekend!
Video breakdown on $JMIA after Earnings!
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!
At a critical bounce level, and we could see a reversal if this support doesn't hold up.
JUMIA is super bullish and as you know I’ve always been bullish on this and I still am. It will be interesting to see JUMIA reach $70 post market today haha is that possible?
Video breakdown on $JMIA going into 1/15!