JMIA trade ideas
$JMIA Last Video Analysis Hit Perfect 12/16-12/17 Where to next?Video breakdown on $JMIA going into 12/17
$JMIA is going down(1) On weekly timeframe I found divergence of RSI and crossing Stochastic RSI
(2) JMIA broke our Ascending wedge support line
(3) Broken Fib retracement, next support is on 33.61
I'm still thinking JMIA is overvalued
Wish all of you a good trading day!
$JMIA and $OZON Analysis and Breakdown 12/16-12/18Potential movement on $JMIA and $OZON going into 12/16
$JMIA is ready to be massively SOLD!The reasons are:
Ascending wedge pattern on 2H + descending volume (left window)
Double top pattern on 1H + descending volume (right window)
POC is below $20 per share
Chaikin Money Flow index is descending on both of the charts
Put option alert is triggered by Benzinga
JMIA (NYSE:JMIA), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on December 18, 2020. A trader bought 326 contract(s) at a $35.00 strike. This particular put needed to be split into 8 different trades to become filled. The trader or institution spent $83.6K on this trade with a price of $255.0 per contract. There were 3560 open contracts at this strike prior to today, and today 1335 contract(s) were bought and sold.
Analysts rating:
Date Research Firm Action Current Target
8/13/20 Stifel Maintains Hold 12.0
8/13/20 Morgan Stanley Maintains Equal-Weight 11.5
5/14/20 Stifel Downgrades BuyHold 4.5
Wish you a profitable trading week!
Dias
JMIA TREND UPWARD CHANELThis is my first idea published on TradingView. Any comments and inputs from you are Wellcome.
JMIA is definitely trading in the upward Chanel.
Based on this Chanel there are a few things to note:
a) The upper price target in the short term is 44 - 45 (if we continue to go up in the short term)
b) The lower price target if we drop hard in the short term would be a $20 range
c) The price target by the end of 2021 is $100
Please comment and let me know what you think.
JMIA on watchLong above box. Had a really nice close today near ATH. Targets are the ATH and then the fib extension above. Risk is a close below box.
jUMIA (December to Feb) - And ideaThis is looking at Jumia in terms of a few month. I could be wrong but the percentage growth might not grow as super fast as it once did. But it will continue to grow pretty well. Especially after the new years and getting closer to earnings.
$JMIA SHORTPrice is at the top of the ascending wedge and right on the supply zone. Also, fib level .0618 which makes it a high probability setup. We can short now or wait till it breaks below the wedge. Better to wait for the confirmation.
