Be carefull from that strong MN supply if you are going with bulls.
The stock symbol NOK for Nokia Corporation. A company that provides mobile and fixed network solutions worldwide. Recently the stock hits a low price of around $2.25 the week of March 9, 2020. Since then the stock formed the triple bottom bullish pattern. In addition, the stock retested the $5 level around the week of Jul 26, 2021. Looking at the DM...
This is a chart, a spread chart, of the merger with Altia (Finland) and Arcus (Norway). In these types of spread charts, I prefer using lines instead of for instance candles. The merger was news in Sept/oct 2020, and you can see where the spread settled for a range from that period, ranging between 9 - 4 approximately. This is my first chart here at tradingview so...
Getting closer to supply zone between 85-91. Higher lowers - higher highs. RSI soon at last lows. CMF still above 0. -16% pullback so far. -9,50 downside to last low.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 4.2800 EUR
A very tough trendline is still holding the price down. Another pull back would be no surprise, but I think there is a good chance of an impressive breakout.
One of Northern Europe's largest energy businesses, Finland's Fortum Corp (€23.51), displaying strong price action as it trades near the upper boundary of a 12-year base. Not the same industry but the structure is reminiscent of Rio Tinto & Southern Copper back in Aug-2020. Equity Portfolio Idea.
...On weeklies we have long rising trend from March 2020.. Now retesting November 2020 Highs / wick imbalance. On hourly we are trying to form H&S on top of the previously mentioned wick imbalance
It looks like a break out is likely to happen. My bet is the trend will push it upward.
Hey guys! Choose all fresh levels for the great bullish trend.
Just a test, added the top 10 stocks of OMXH25 to a chart with 75% weight of the actual thing, so this represents 75/100% of the actual index. Seems like there is some cyclic pattern that upon repetition points down.
Ascending wedge chart pattern. Will it close the nearest gap and bounced back ?
NOKIA is going to 10x next 10 years, going to be swing trading it with 20% of my portfolio.
Sampo earnings results are due on Feb 11. H&S could be underway. Key support at 32.92, where I would say it would be a good moment to buy with the risk of losing 7.81% in the near term.