DRP37

NOK Weekly Fib retrace

Long
BATS:NOK   Nokia Corporation Sponsored
0
Weekly chart is flirting with the 50 MA and the last horizontal resistance before the $5.00 horizontal resistance. Also, if you move to the daily chart , NOK just broke the 200 MA. There were reports about the major banks picking up shares of NOK and I think this in anticipation of NOK's first positive quarterly report in a long time coming the next time they report.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.