Idea for NOK: - NOK quietly and pleasantly on the rise. - Bullish trend (S1). - IMO one of the best holds out there. GLHF - DPT
On 7/14/2021 JPMorgan Chase & Co. Upgraded the Rating of NOKIA from Neutral to Overweight and a Price Target from $4.30 to $7.80 Nokia has now access to the one of the largest 5G markets with its first contract in China for supplying 5G radios. This was in line with my last chart here, about Nokia dominating the 5G space:
Double bottom on Nokia monthly chart, price target set right around $7.16, which is also the consensus analyst price target, Might see a pull back to retest support at the neckline, that would likely be a good buy point, but if it breaks down under the neckline the pattern has failed.
Summary: The RBNZ is the latest central bank to remove policy accommodation among G10 currencies, with the Bank of Canada having led the charge in April and likely set to taper purchases again at its meeting later today. Today we look at some hopefully uncorrelated trades for the coming months as the normalization theme potentially deepens, and even in one case...
NOK Nokia Chief Executive: we will do “whatever it takes” to lead in the 5G space! On 7/6/2021 BNP Paribas brokerage Upgraded the rating for NOK Nokia from Neutral to Outperform and set a $7.70 price target. I extended the Fibonnaci retracement tool from the strong support to the previews top and came out with a 6.5usd price target.
Nokia is sitting on a support line an old resistance pint from 2019, bullish macd cross up, breaking out of a triangle, increase in volume. stop loss under 5.70, buy if it holds above 5.78 for 2 closes as confirmation.
long term trend broken, price elasticity now allows for 100% return event over 6 - 24 months.
for me its just a bounce, I hope again drop below 8.50 Maybe a reject coming very soon 📉 Short term bearish 📉 Long term bullish 📈
Getting ready for a fat greeen buy signal here for an intraday as it breaks the trend line. Entering calls. But be careful here,, On the daily I see this cooling down a bit.. Trade safe and have fun! SMASH THAT LIKE BUTTON and ask me about these charts in the comments below!
Fifth wave of local impulse, making this one a relatively confident prediction. Plenty of momentum to move more and then reassess. No train can travel indefinitely after all. Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial...
The USDNOK pair has sure taken a beating lately. But there are signs that the trend may be changing to bullish. 1. The RLCO crossover occurred Friday suggesting a new upside trend. 2. The CMF shows bullish divergence (a higher level every time a similar level in price is achieved - notice, for example, May 13 vs May 21). 3. We've possibly made a triple bottom,...
AMC above key resistance and fib level. A break of 60 and AMC can run to 68-70
Here we see the downtrend line for NOK over a multi-year period. NOK is literally touching/popping out of the trend line. As bullish as NOK is lately, this is an important time for the stock price on the charts. Let's see if we can break out and stay out of this trend from the multi-year chart down the trend line.
USDNOK after the double bottom over the support has moved to the upside over an ascending trandline. The price has now reached a daily resistance and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
This is a 45 Minute chart, take it with a grain of salt, but looks like a bull flag to me, interesting to see how this plays out tomorrow with AMC price action practically being identical to this.
A nice cup & handle pattern can be identified on NOKIA. chat pattern target will be $5.60.
even the best bears love a pump 👻 appreciate the risk.
Quick update on PLTR, moving how I predicted towards its first target of $27. Red day today because of the meme stock price movement, but this company does in fact have true fundamentals and continues to sign deals with the US government as well as show YOY growth, data analytics will without a doubt be one of the biggest sectors in the near future, and one of the...