Nokia going downThe first time I noticed Nokia was when they suddenly beat their profits.
At the time I noticed what a disaster has the company been since 2007. It got some respite, as Microsoft bought it, but it did not do a lot of good.
Even during 2017, when the world experienced a record boom, Nokia was like - Hold my beer! - and the stock went down.
Recently the price recovered as they turned out to have sold some of their licenses or other stuff, but .. I don't get it.. How is selling off assets considered good.. Must have been algos and "smart" people buying, who just look at EPS.
From a technical perspective.. Looks like the resulting surge has finally hit a resistance on the daily chart. The charts shows that it will go down.
Both aspects align.. so I expect it to go down.
By the way, who has a Nokia or Microsoft phone? ;)
