The breakdown below wave D of 5.07 is needed for confirmation.
It could be a 78.6%-100% retracement and even beyond of a previous move to the upside in Y2012-2014.
After Nokia's earnings I expected it to continue falling considering no profitability in the next quarters and no dividends as well. But seems like its starting to find the floor slowly and might bounce back to its upper Fibo levels.
Nokia right now is a pioneer is 5G hardware development (besides ericsson, china mobile to...
Rejected at zone and falling.
Brokevthrough trendline. Watch area
Around emas. With macd crossdown
Could retest bottom zone. Were on a
Gap fill end and at emas. Need confirmation
Below.
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Great looking break out in Nokia. Following a long term decline this heavily out of favor handset maker is pretty much off the radar with the recent announcement of $AAPL's iPhone 6's.
The S&P 500 is in a raging bull market with many companies breaking all time highs the setting is right for a sympathy play.
Price structure must support this logic always...
Once upon a time I was super bullish on this stock... I even had 10k shares in my 401k.
Bet your butt I'm glad I dumped this, never get too bullish or bearish on a stock. Bear flag indicates it's got a little further to go.
Nokia beat 2Q19 expectations, but the better news came from an upbeat narrative regarding the next few quarters.
"Will 5G Boost Nokia Stock? - There’s one more piece of good news worth highlighting. Again, cost cuts should help margins and 5G should drive growth. The question is whether, with China’s Huawei facing security concerns, Nokia can outperform rival...
My longtime readers know 5G is the most disruptive force of the decade.
In short, 5G will supercharge America’s wireless networks. It will give us internet speeds 1,000x faster than today’s.
This will open up a whole new world of disruption.
Think of 5G as a “tool” that will enable tomorrow’s disruptive businesses, one of which I revealed in my free special...
HUAWEI has had market dominance for years, but the tough stance the USA has taken on banning their products will have many benefactors, one of which is Nokia. Having competed against a government subsidized Huawei, this is great news for NOK and as POTUS urges other countries to take similar actions the picture looks good for Nokia in the upcoming 5G roll-out....
Looking to add to a long term Nokia position soon. A gap down broke through the 200 MA with heavy volume. Upcoming earnings could get interesting. Thinking 5.50 might be a good place to add. Good luck everyone.
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
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NOK
