NOKIA $NOK still got some fight leftOn the one hour chart, there are a lot of indications we could see a bounce up here back to around the $5 range - not sure if the price will continue after that, be sure to use a tight stop loss as these hype stocks have shown large amounts of volatility and can drop like a falling knife very fast
NOK is showing bearish signs on the one hour time chart - expecting a pullback to lower support - alot of people are definitely bullish on this stock and it will be very interesting to see how it play
NOKIA TP 1 has been reached!Nokia hasnt been looking to good the past couple of years, but this all could change very fast.
with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up.
fundamentals:
# march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this look
Sampo Analyst recomm 38EurSampo Analyst recomm 38Eur
buy 34-35eur
It was 33EUR in Dec, so it has been upward (see blue channel)
- downtrend reversed ? (black line)
- high from spring 2020: 42 EUR (black dotted line)
- bottom from Apr2020: 22-23 EUR (black dotted line)
Note
- Earnings mid-February
- potential sell of Nordea shares (dragging earnings) summertime
- one of the top traded shares in OMX
- fin. government owns 7-8% of shares
- fin. insurance companies own 5% of shares
Wartsila possible bull movementHello!
The first "real" stock I have ever bought. Wuhuu! (for long term) 5th of january 2021
Had to make a small analysis about it ;)
Okay. So we can see from the left chart (weekly) how we have been under this supressing trend line from the year 2018, 30th of july. Price hit the trend line 4 times and the fifth time broke it. Atleast for now.
RSI has given us also this beatiful price action and a trend line which had been hit 4 times. Right now we can see from the chart that fifth h
RLong
Nokia possible impulse wave in the making!Nokia hasnt been looking to good the past couple of years, but this all could change very fast.
with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up.
fundamentals:
# march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this loo























