DRP37

NOK hitting bottom?

BATS:NOK   Nokia Corporation Sponsored
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2
RSI (10) bullish convergence forming. Seeking one additional indicator to reassure that NOK is turning it around. Potential entry points on the horizon with 2x ATR as a stop.

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Agreed.
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RSI is still looking good with the bullish convergence. Despite all the nay sayers, I think we are hitting the floor here. All NOK needs is a little more good news with their joint push with Mr. softy into the smartphone market. I don't think we'll see that until the fall when Windows 8 hits the street. I personally am now long NOK.
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Followed.
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Agreed.
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