without_worries

Is NOKIA about to wake from its deep deep sleep?

BATS:NOK   Nokia Corporation Sponsored
Perhaps.

** investment opportunity **

23 years ago traders were exchanging Nokia stock at $60 a share. No splits since that time and now yours for under $4. Dividend yield @ 1.98%.

On the above 3-week chart price action has corrected over 90%. A number of reasons now exist for a bullish outlook. They include:

1) Price action and RSI resistance breakouts.

2) Price action backtests past resistance as support on a macro bull-flag. Make no mistake how important this signal is. For 23 years it has been huge resistance. This is big news.

3) Support and resistance. Look left. Blue circle. A beautiful signal.

4) Last but not least price action is currently testing the 0.236 Fibonacci level.

Is it possible price action keeps falling? Sure.
Is it probable? No.

Ww

Type: Investment
Risk: <=6%
Timeframe for long: A month at best
Return: Will say elsewhere.

BTC
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Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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