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BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY JMIA ABOUT 21$

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NYSE:JMIA   Jumia Technologies AG
Taking into account the latest results, the most recent consensus for Jumia Technologies from eight analysts is for revenues of €188.6m in 2021 which, if met, would be a huge 28% increase on its sales over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 50% to €1.60. Yet prior to the latest earnings, the analysts had been forecasting revenues of €209.2m and losses of €1.75 per share in 2021. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for losses per share, even though the revenue numbers fell somewhat.

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