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.
Good week everyone!
NOK opened on friday with a 4% big gap down just over the 200 daily sma and weekly 50ema, and so far rejected it.
Overall the stock is on a uptrend channel as we can see on right chart.
Now what really draw me attention is the huge volume on friday, way over average, is that just panic? someone was buying there right?
Now i'd not buy...
There's been a lot of positive news surrounding Nokia as of late, and the Megalodon just gave us the buy sign!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
NYSE:NOK price is above MA200 and I pay attention if is approaching resistance zone .
Resistance zone it is a TA point of view and I can say it is psychological level as well and it is proved that can influence price direction depends of circumstances .
Nokia is coming with new phones and improved ones in 2019 plus new deals around the glob as we can find info around the net on financial news channels.
From a price point of view I think is a good buy for long time holding as investment plus has a good dividend .
The price is under SMA 200 on weekly chart.
Please feel free to comment with new ideas or critics...
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
