Started last January with the massive Wallstreetbets spike. We made a cup from Jan - Aug. And then since August to December we made the handle. It is a cup and handle pattern one year in the making. Based on the fibs if we continue going up maybe 6.80 is the next resistance for the price. But overall still undervalued and is a good entry point currently.
Opportunity to go LONG on Nokia (NOK) stock. Like and Comment will be hugely appreciated, thank you so much for your support. See other ideas below too! RISK DISCLAIMER: Trading Futures ,Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
nokia take 1. Posting another scenario later/ nfa as dasdas d sad sa da das dasd as
In this update we review a high probability weekly set up in Nokia
NYSE:NOK Looks like Nokia is at a critical level of support with a head and shoulders formed.
Nokia seems to have started an impulse Wave 2 is quite interesting and it seems we just finished wave 3 Now wave 4 to 4.5 and then wave 5 to 7
A GREAT BUY, Nokia been around forever remember the 8810? 5G uplinks across Europe huge contracts in telecommunications JUMP ONBOARD, say what you will about me but I don't fxck around watch this market move! OMXHEX:NOKIA EURONEXT:NOKIA MIL:NOKIA SIX:NOKIA CAPITALCOM:NOKIA NYSE:NOK OMXSTO:NOKIA_SEK BCBA:NOKA OTC:NOKBF XETR:NOA3 LSIN:0HAF
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:
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.
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...
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.