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FLATTENING TO BOTTOMS - SELLERS STILL THERE - NOKIA -DAILYWe have noticed that the market price is flattening. From a long super drop, it has been evolving in a horizontal range which is still going a bit down. The bottom black lines are showing probable bottom and potential extended bottom. Whenever the market price finds regularity in the long direction, sellers come to push it back down. To resume the recovery is very hard and the fall easy to engage. Very pessimistic. The top blue line is showing a zone where sellers are stronger. Their action zone. Breaking that point would possibly announce a big movement upwards. Positive side: The market trend is less elastic in the decrease direction and have been trying to run horizontally rather than downwards. Investors sentiment is probably what the price reveals. Waiting maybe for a decision in the board or expecting a technological move to revive Nokia Corporation's price up.
OMXHEX:NOKIA
by Diallo_Charts_Ideas
NOKIA 5G revolutionary force!5G is today’s revolutionary force, it has overthrown slower and older generation network technology, and is set to deliver extraordinary experiences and transform entire industries. NOKIA is rolling out 5G for customers around the world: in the US, Korea, Middle East, Japan and even in Europe, deployments have started. A global 5G revolution is taking place before our eyes, which the World Economic Forum predicts will contribute an eye watering $12 trillion to global GDP by 2035. Nokia is at the heart of the revolution. So far, they have announced 44 5G commercial agreements with network operators, more than any other company at the time. We highly believe in a LONG position on this one....
OMXHEX:NOKIALong
by Lion247
This nordic silver miner stock has underperformed bad vs silverSOTKAMO SILVER HIGHLIGHTS OF THE FIRST QUARTER 2020 Press release: Stockholm, 29 May 2020 9.45 CET Net sales was 91 MSEK (0) EBITDA was 8 MSEK (-11) EBIT was -11 MSEK (-14) Earnings per share was 0.03 SEK (-0.12) Cash and cash equivalents were 10 MSEK (33) Investments were 9 MSEK (88) The production was about 391 000 ounces silver, 998 ounces gold, 462 tonnes lead, and 958 tonnes zinc in concentrates Milled tonnes were about 129 000 and average silver head grade 110 g/tonne Safety measurement LTIFR was 10 The renegotiated secured bond of 13.2 MEUR strengthened company’s short-term cash position Comparative figures refer to the corresponding period of the previous year. CEO PAUL JOHNSSON At the end of the quarter Sotkamo Silver celebrates a year in production, but it has also been a quarter that has changed the world with the effects of COVID-19. Operationally Sotkamo Silver has not been influenced in the same way as many other industries. Our staff has so far stayed healthy and production and deliveries have been going on as planned. We processed 129,000 tonnes of ore and produced about 391,000 Oz of silver. The silver price has however dropped from levels above 17 USD/ Oz to as low as 12 USD/Oz and at the end of the reporting period stabilizing around 15 USD /Oz, which directly effects our revenues. The market environment has been unstable, and it has become clear that the future is hard to predict. Sotkamo Silver will continue the work that begun at the end of 2019; to optimize the production flows and seeking cost savings in order to be profitable in a world with volatile prices. We are on a positive EBITDA level but need to work harder to obtain a positive EBIT as well. The rights issue initiated during the first quarter was a success and was oversubscribed once completed in May. The funds raised from the issue will be welcome as cash reserve in these unstable times and will give a foundation for prolonging the life of mine.
OMXHEX:SOSI1
by savepiginvest
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