Jumia - although the quarterly not brilliant seem to return the capitals

Discussion in 'Stocks' started by tizianob, Jan 2, 2022.

  1. tizianob

    tizianob

    Jumia’s most recent quarterly reports were below analyst estimates.

    In spite of this Miracle Viewer is detecting a return of capitals on Jumia or better a reduction of the positions SHORT

    As you can see from the chart both professional investors and institutional investors are week after week reducing their net positions SHORT,

    the price also seems to have reached a level of over-sales that can find support.

    I expect an increase in quotes in the weeks / months that will come

    What do you think?

    [​IMG]
     
  2. Most of the names you posted don't appear to exhibit any sort of catalysts or fundamentals that warrant a buy. They can pop for whatever reason but they can as well just integrate and go to zero. You can't predict the future in most stocks by just looking at some scribbled lines on charts that only contain past data. The charts tell you where we are, not where we go to. If it was that easy then all hedge funds, investment banks and fund houses would toss out all those highly educated quants, analysts, and other researchers and they would just subscribe to tc2000 for 39.99 a month and go from there. Investing during a lucky time period takes no brains, but consistently outperforming the market over long periods of time takes a lot of effort and time and brains. And one still gets it wrong often times enough. What you suggest is gambling not smart investing

     
    vanzandt and Lou Friedman like this.
  3. tizianob

    tizianob

    we'll see
     
  4. We shall, most likely around 50% of your past days' predictions come to fruition...