Bearish reversal at pullback resistance?EUR/NOK is rising toward the pivot, which is a pullback resistance that is slightly above the 38.2% Fibonacci retracement and could reverse toward the 1st support.
Pivot: 10.81911
1st Support: 10.69266
1st Resistance: 10.92518
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NOK
Nokia Stock Rises Overnight as Rosenblatt Calls It!Nokia Corp. (NOK) shares moved higher overnight after Rosenblatt initiated coverage of the telecom equipment maker with a Buy rating and a $15 price target. That target implies roughly 55% upside from the stock’s last closing price, suggesting the firm sees a significant gap between where Nokia trades today and where it could be valued if investors begin to recognize its growing role in AI infrastructure.
The overnight gain followed a difficult regular trading session. Nokia stock had fallen mo
NOK | Continued stock growth- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 10.66
- Take Profit: Open
- Stop Loss: 9.77 (-8.40 %)
Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
$NOK: Priced as Telecom, Building AI InfrastructureSetup:
Nokia is at $10.19, consolidating between $10 and $11 after recovering from the August low at $8.30.
Two horizontal levels doing the work. The $10 band has caught price repeatedly since April, with the 200 SMA now rising into it from below. The $11 band capped price in May and again in July, and that's the level to watch, clearing it opens the path back toward $15.
Why the fundamentals support this:
✅ AI & Cloud sales more than doubled year over year in Q2, with €2.8B of order intake
Could bulls step In?EUR/NOK is falling toward the pivot, which acts as an overlap suport that aligns with the 50% Fibonacci retracement and could bounce towards the 1st resistance, which is also an overlap resistance.
Pivot: 10.96483
1st Support: 10.89164
1st Resistance: 11.05490
Disclaimer:
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Any opinions, news, research, analyses, prices, other in
Overlap resistance ahead?EUR/NOK is rising toward the pivot, which acts as an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse toward the 1st support, which is a pullback support.
Pivot: 11.07521
1st Support: 10.96147
1st Resistance: 11.17082
Disclaimer:
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Bearish momentum to continue?EUR/NOK is rising towards the pivot and could reverse toward the 1st support.
Pivot: 10.98931
1st Support: 10.91443
1st Resistance: 11.05392
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Selling pressure increasing?EUR/NOK has rejected off the pivot, which has been identified as a pullback resistance, and could drop towards the 1st suport which has been identified as an overlap support.
Pivot: 11.09680
1st Support: 10.98852
1st Resistance: 11.17379
Disclaimer:
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Could we see a reversal from here?EUR/NOK is rising towards the pivot, which acts as a pullback resistance and could drop towards the 1st support.
Pivot: 11.30095
1st Support: 11.23846
1st Resistance: 11.34922
Disclaimer:
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Strong resistance triggers bearish rejection?EUR/NOK is rising towards the pivot, which has been identified as an overlap resistance that is slightly below the 100% Fibonacci retracement and could reverse towards the 1st support, which is an overlap support.
Pivot: 11.17100
1st Support: 11.07856
1st Resistance: 11.27944
Disclaimer:
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Bullish trend still intact?EUR/NOK is falling towards the pivot and could bounce towards the 1st resistance, which is an overlap resistance.
Pivot: 10.94546
1st Support: 10.87094
1st Resistance: 11.07867
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on a
NOK Long — $NOK pullback long vs the reclaimed 14.50-14.60 shelfHTF trend is still constructive after a sharp pullback from 17.45 into the 13.18 swing low, with price back above the key moving-average zone. On the 1h chart, NOK capitulated into 13.18, based, reclaimed 14.00, then pushed through the 14.50-14.60 breakdown shelf on strong opening volume. The better swing entry is a pullback into that reclaimed shelf rather than chasing 15.00; below 14.15 would put price back under the breakout/reclaim area and invalidate the setup. Target is the next meaningful
Falling towards 50% Fib support?EUR/NOK is falling towards the pivot, which has been identified as a pullback support that aligns with the 50% Fibonacci retracement and could bounce towards the pullback resistance.
Pivot: 10.85064
1st Support: 10.79034
1st Resistance: 10.98597
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or l
Is Nokia the Secret Architect of the AI-6G Era?Nokia Corporation (NYSE: NOK) is orchestrating a silent revolution in digital infrastructure. Forget legacy mobile phones. The Finnish powerhouse now dictates the future of global connectivity under CEO Justin Hotard's aggressive AI pivot.
By fusing artificial intelligence with telecommunications, Nokia positions itself as an indispensable asset. Nokia stock surged 11.87% in premarket trading to $11.03 following the Q1 2026 results on April 23, 2026. The pivot redefines its market value and str
How Did a Forgotten Giant Become AI's Quiet Architect?Nokia's 2026 resurgence is the climax of a brutal multi-year metamorphosis. The company nearly collapsed in 2019, when its networks' gross margins crashed to 29% amid a botched reliance on Intel's delayed 10nm silicon and expensive, power-hungry Xilinx FPGAs. It has since reemerged as the indispensable infrastructure layer of the AI era. CEO Pekka Lundmark engineered the turnaround by hiring 350 specialized chip engineers in Finland, launching the ReefShark System-on-a-Chip family, and diversify
Bearish momentum to extend?EUR/NOK could rise towards the pivot, which is pullback resistance, and could reverse towards the 1st support.
Pivot: 10.80523
1st Support: 10.57279
!st Resistance: 10.94470
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "
Nokia finally slows down after a huge run!Nokia Corporation
appears to be taking a much-needed pause after one of the strongest short-term rallies seen in the telecom and infrastructure sector this year. The stock slipped 1.39% to close at $13.12, ending an impressive seven-session winning streak that had rapidly pushed shares significantly higher in a very short period of time.
Even with the recent pullback, the broader move in Nokia shares has been remarkable. Over the previous seven trading sessions alone, the stock had surged near
Nokia (NOK) Moves 6.7% Higher: Will This Strength Last?Nokia (NOK) Moves 6.7% Higher: Will This Strength Last?
Nokia Corporation (NOK) experienced a notable surge in its share price during the most recent trading session, driven by above-average trading volume. The stock closed 6.7% higher at $8.82, a move that stood out given the heightened number of shares exchanged compared to typical daily activity. This recent jump is even more impressive when viewed against the stock's more modest 1.5% gain over the past four weeks.
What Drove the Uptick?
T
Can Nokia Stock Sustain Its Move Toward Redemption?Every so often, a stock that I had long since relegated to the dusty corners of market history manages to deliver an unexpected jolt. Nokia’s (NOK) bullish price movement on Monday did exactly that, catching my attention and prompting a closer look at a company I had not seriously considered in years.
I cannot recall the last time I wrote about the Finnish telecommunications equipment giant. It has likely been more than five years. Nokia’s shares have not traded above $10 since March 2011, a st
Forging the Future of 5G with AI-Driven NetworksIn a move that signals a major strategic shift for the Finnish telecommunications giant, Nokia (NYSE: NOK) has announced a pivotal partnership with Telia Finland aimed at developing and rigorously testing cutting-edge AI-powered Radio Access Network (AI-RAN) use cases. The collaboration, unveiled during the whirlwind of activity at Mobile World Congress (MWC) 2026 in Barcelona, is far more than a simple technology trial; it represents a foundational step in Nokia's ambitious plan to redefine the
Analysts Turn More Positive on Nokia (NOK) After Q4 2025 ResultsIn the wake of Nokia Oyj's (NYSE:NOK) fourth-quarter results for 2025, market sentiment toward the Finnish telecommunications giant has become increasingly bullish, with multiple financial institutions adjusting their price targets and ratings upward.
On February 2, JPMorgan increased its price target for Nokia's American Depositary Shares (ADS) from $8.00 to $8.20, while simultaneously reaffirming its Overweight rating on the stock. This adjustment reflects the firm's positive assessment of th
Heading towards 50% Fib resistance?EUR/NOK is rising towards the pivot, which acts as pullback resistance and aligns with the 50% Fibonacci retracement, and could reverse to the 1st support, which is a pullback support.
Pivot: 11.40326
1st Support: 11.21200
1st Resistance: 11.49534
Disclaimer:
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Bullish bounce off Fib levels?EUR/NOK is falling towards the pivot and could bounce to the overlap resistance.
Pivot: 11.68727
1st Support: 11.62931
1st Resistance: 11.77557
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to
Bearish momentum to extend?EUR/NOK is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support, which acts as an overlap support.
Pivot: 11.77585
1st Support: 11.69231
1st Resistance: 11.82838
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this























