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NOKIA OYJ

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GoNoGo Charts: Nokia's run in trouble?Nokia’s “Go” trend is being tested. The quick retracement from the highs of this current rally show the GoNoGo Trend painting paler blue, weaker trend bars. The recent high was not confirmed by the GoNoGo Oscillator as we see lower highs in the lower panel. Price is also testing support from what many would consider a broadening formation (megaphone), with diverging *trend lines. This pattern suggests disagreement between the bulls and the bears with increased *volatility in the price swings. Typically, this is considered to be *bearish. To add to this, the GoNoGo Oscillator has dipped negative for the first time since the rally began. This negative momentum increasing the possibility that the trend may struggle to stay a “Go”. What are the GoNoGo Indicators? The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish) The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
NYSE:NOK
by GoNoGoCharts
Bullish Sector - 5G Play, Golden CrossNokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. Nokia continues receiving 5G contracts. On the Daily Chart, the 50-Day MA is ready to Cross up and over the 200-Day MA, Bullish I think NOK has a shot at reversing its downward trend real soon especially if the USA takes an ownership in the company like many White House officials have been talking about possibly doing to stop China. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NYSE:NOKLong
by HotCharts
1
$NOK Nokia 5G trade setup Gap fill potential Bullish setup - Golden cross imminent Strong news flow fundamentals Alert set for break above $4.50 Upside target $4.80- $5.10 Press Release Nokia launches cloud-native Digital Operations Center software to drive 5G monetization Digital Operations Center is Nokia’s first automated, cross-domain, digital service and network slice management software product Digital Operations Center enables a new slice-based innovation ecosystem and new revenue opportunities by offering Network as a Service capabilities to new industries, or verticals Digital Operations Center is cloud-native, and built on Nokia’s Common Software Foundation to give scale, flexibility, and operational efficiencies Source Reutter's
NYSE:NOKLong
by Bullishcharts
Nokia possible Inverse H&S coming upNokia has met nice resistance at $4.40 and now showing hidden bearish divergence on the weekly that if plays out could turn into Inverse H&S pattern. With the 1 trillion infrastructure bill being announced tomorrow we will see what happens. Could not play out but I think it will... the market doesn’t play fair for those taking positions at resistance for longs. I’m buying $3.5 Puts 7/10 like tons of them lol. If we break and close above the resistance on a significant time frame I’ll exit my position but I feel fairly good about it.
NYSE:NOKShort
by ElPsyKongroo369
3
NOK. Local reverse pointNOK has reached the boundary of the downtrend, also it is near the highs of February 10 and near the strong support/resistance zone at $4.3-4.4. There was a strong gap up from the EMA200 . Locally, the paper is in the oversold area. There may be a correction to EMA200 ($4), but with favorable external factors and confirmation of downtrend break-down I see the growth to $5.1 . Price Targeting for the paper based on the estimates of 15 analytical teams at $4.75, and 6 analitics teams recommends it as StrongBuy
NYSE:NOK
by kovpups
Bottom of RSI channel + Fib confluence in NOKIAHi everyone. Trying my hand at stonks again., Nokia is showing a number of potential reversal signals. For starters, Nokia gapped down and held the 0.886 Fibonacci retracement from the July 2012 correction rally. After that rally, Nokia had what I believe to be an ABC retracement downwards, with a target for "C" being $2.42. This correction sequence in my opinion is very reminiscent to a 3-3-5 Elliott Wave correction. 3 Waves up, 3 waves down, 5 waves up which would complete the bullish correction. If indeed we are looking at a 3-3-5 bullish correction sequence, we are either on the very last, or close to the very last wave downwards for this asset. Next would in theory be a powerful 5 wave impulse upwards to complete the 5 waves of the 3-3-5 correction. My opinion for the measurement of the "C" wave of this final 3 ABC series is located at $2.42. The local low so far this past trading week is $2.34. We can see that there was a fairly sizable bullish candle after touching the 0.886 and 1.618 "C" wave retracement. In the RSI, notice how the bottom of the channel was respected. This has also now printed bullish divergence in the weekly chart from late 2019. With Fibonacci, we now know that we have a potential "C" wave having completed at $2.42, as well as a bullish 0.886 retracement at roughly the same price range. Confluence! On the 30m, we can clearly see the reactions that were present when these levels were hit: The daily is showing 4 tests of the 0.886 and 1.618 retracements. The weekly RSI channel on the daily is showing that we briefly dipped below support, but were able to re-enter back above both oversold and the channel support. There is some bullish divergence from the 12th of March. This has been accompanied by heavily increasing overall volume. Currently, price is showing a spinning top doji after breaking above a triple top. The price increased from bottom to top by 20%. The Chaikin Money Flow indicator is showing consistent higher lows since late Oct 2016. These higher lows are accompanied by lower highs, which is in turn forming a symmetrical triangel. There are 3 touches of support and 3 touches of resistance so far. To validate a symmetrical triangle, rule of thumb is 3 touches each on both support and resistance. This will cause a very powerful move, whichever way it breaks. There is also a potential bullish falling wedge forming from Q2 2018. On this time frame we are only 3 points away from entering the accumulation portion of this indicator. Weekly MACD is looking somewhat neutral. There have been consistent lower lows and lower highs since mid 2017. There is a flag-like channel the MACD has been following, similar to the RSI. Interestingly, a very peculiar situation in the MACD histogram, however. There is a very strong bullish divergence in this recent drop versus the one that took place in November. Like the weekly CMF indicator, there is a potential bullish falling wedge forming as well. By the way. I did an analysis on Gold back in April of last year. Coming up on 1 year from the day I made it, gold is so far doing (almost) exactly what I thought it would. If Gold falls back down for a re-test of $1,350, it could mean that stocks are very near a potential bottom. Gold is also printing a descending triangle, and is currently facing rather strong resistance in the RSI. Consider how much fear there is in the market right now. Consider how hard and how quickly we dumped, 35%!!! IN WEEKS! The strongest and fastest drop in literal history. Also keep in mind- Wuhan and mainland china are now peaking in CV19 cases. And last but not least- just how many shorts and puts do you think there are? nokia's have a wide reputation for being INDESTRUCIBLE. This asset is literally screaming bull flags everywhere. wtf America?
NYSE:NOKLong
by UnknownUnicorn5836947
3
Nokia may be worth nibbling as it approaches supportFactset, an agency that polls analysts, released a newsletter today titled "S&P 500 NOW PROJECTED TO REPORT A YOY DECLINE IN EARNINGS IN Q1 2020." The newsletter shows that analyst estimates of S&P 500 earnings have fallen from an expected 7% growth rate in Q1 to an expected -0.1% growth rate, and they're still coming down. However, the newsletter also breaks things down by sector, and when you slice it that way, things look more complicated. The hardest hit sectors are materials, industrials, and consumer discretionary, all poised for double digit earnings decline. A few sectors are still poised for earnings growth in Q1, including communication services, with a 13+% growth rate. Information technology and utilities come in second and third place, with projected growth over 5%. Also set to grow are healthcare and real estate. Now, earnings expectations likely will continue to decline, and even the outperforming sectors will fall with the rest of the market. But the outperforming sectors will start to find support sooner, and they will get outsized bounces when the market rallies. I don't suggest putting a lot of money here just yet, but it's worth taking a few nibbles at attractively valued companies in these sectors. Nokia has support from about $3.30-3.50. The company has an attractive PEG of about 0.73, and it's been signing lots of deals lately in connection with the rollout of 5G. It plunged after suspending its dividend last year, but as the company recovers I think we could see the dividend return.
NYSE:NOKLong
by ChristopherCarrollSmith
7