A breakout is impending, will the range remain respected?
Ideas published on the chart
Feeling bearish currently on this stock but I believe it shall make higher highs in the foreseeable future, especially after the praise from the Deutsche Bank.
Anticipating a move down the channel targeting the $50.00 zone which is bound to act as psychological support.
Nokia appears to have broken its channel and now making lower highs in a descending triangle.
Awaiting a break out.
Believe we are heading lower to fib 0.618 then heading to make higher highs.
Topped range, heading down. Targeting $50.00