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JUMIA TECHNOLOGIES AGJUMIA TECHNOLOGIES AGJUMIA TECHNOLOGIES AG

JUMIA TECHNOLOGIES AG

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JMIA/N trade ideas

JMIA Jumia ready to bounce from supportJumia 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 pattern and then the price target is the 16usd resistance. Looking forward to read your opinion about it.
NYSE:JMIALong
by TopgOptions
2
$JMIA - Breakout One of my all time favorites since I played it last year from $8 to $60+. Plus the story behind it is awesome. The AMAZON of AFRICA!!! Whether it becomes that or not is irrelevant. I do like the moves they have made. If Amazon does hit new highs, I could easily see the sympathy plays moving with it. CPNG, MELI, JMIA, and I know there are others that I cannot think of. Will look into more. $22.85 and the $24.5 are resistance and then hopefully support points as she moves higher. Watch out for a reversal though that causes this to close below trendline. If so, its a false breakout. GLL!!
NYSE:JMIA
by UnknownUnicorn16739272