NOKIA trade ideas
Nokia long 🚀🚀🚀Feeling good about this one . Fundamentals and technical analysis are lining up . Nokia to 20$ 🚀🚀🚀
Nokia finally moving up. Have an option call expiring 2022 with a price target of 8 dollars. Finally we got some action from Nokia. Gaped up and MACD is looking bullish. RSI is overbought territory. 5G boom is coming.
Huge Call Buying in $NOKToday multiple strike prices for Nokia were trading today. The $5, $6, $7 strike prices for multiple weeks were trading. Today the volume on the 1/29/2020 $5 calls were 75,610 and that is HUGE. We should see a move to the next Fib line to around $6.50.
NOK 5: Huge Volume Day, Higher Price to ComeIn this runaway market, NOK represents a sensible and substantive instrument for investing in telecom structure as we are going digital everywhere and everything. At a little over ONE time sales as a major 5G player, the risk-reward ratio is still compelling.
Unlike Blackberry which is seeing some institutional sponsorship, NOK has not. But it does have a very large float so the move towards upside would be likely griding instead of rocketing. Patience is required as well as there is earning risk right around the corner. Should it drop after earnings, then it would represent a good buying opportunity.
Similar to BB, NOK has been basing for a long long time, the longer the base, the higher the move ultimately would be, generally speaking.
once broken its back to old glory. WSB influenced ? Appears to me that the WSB has so much influence these days.
Interesting long but it look set to got 16
Nokia Bullish Short Term Target (NOK)We've seen a similar setup like this before with NOK that resulted in a huge jump. Scaling 1:1 historical moves compared to this move, we should be looking at a price target of around $6.30. This would test the upper limit of the Bollinger bands and I would expect to see some strong pushback near $6.30. If we hit that mark, I'll be doing a follow-up analysis of where we can expect to go. A full bullish trend for NOK on the fuel of 5G being developed globally could be in the cards. Telecoms infrastructure still marches on as COVID moves through the US, meaning the upcoming earnings report could post better than expected.
NOK LongLong entry above $4.25 on Inverse head and shoulders breakout. Looking at June '21 $5 C and Leaps. ER coming up on February 4th. Over 100 5G contracts. Biden plans to deliver and develop 5G infrastructure too all americans.
NOK Breakout above 4.25PT1 4.51 PT2 4.74 PT3 5.15,
Longer Term PT is a breakout above the 2013 resistance level charted.
Nokia NOK first-ever trial run of 4G & 5G fixed wireless accessNokia Corporation NOK recently announced that it has teamed up with Mobily, a Saudi Arabia-based telco, in a concerted effort to conduct the first-ever trial run of 4G and 5G fixed wireless access (FWA) network slicing over the live commercial network of the latter. Notably, the Finnish telco is the first vendor to unveil this technology. As part of the collaboration, Mobily has capitalized on Nokia’s AirScale 4G/5G base stations along with its NetAct solution, which is a field proven network management system that supports network elements in Wi-Fi, telco cloud, public safety along with mobile radio and core. (Source: zacks.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
$nok 5G play With 5G being delayed in 2020 because of Covid I see Nokia being a big winner halfway through 2021 to 2024. They have landed several contracts with carriers like T-Mobile and also with the US Govt.
On the TA side I mean look at that huge wedge
NOK 4.20: Lotto Stock of 5G at 1x Sale, A Laughable ValuationIs NOK dead? The stock sure looks like it (at 1x Sales). But wait, there is a sign of life!
Money flow and Momentum are positive, consolidating in a rectangle waiting for earnings on Feb 3 (?).
Could be a 10 stock? In a heartbeat in this raging bull market. Needs a catalyst though, so it's a waiting game.
Meanwhile, $4? People losing $4 a day on options and spec stocks. You could own a real company at $4.
How to play the breakoutI will decide before the closing whether to go long or to wait.
Bullish if we close intraday high.
I plan to pick up some call option
However be careful tho, we sold off pretty harsh after the last earnings report
NokiaInverse H&S breaking the neckline or at least trying to. Watch vol pools for the past three months waiting for this setup. Moving avgs all crossing up 3-4h looking real good. Interesting time for this to happen before earnings w a gap fill up above.
NOK Multi-Year Pattern Completion ZoneThis is multi-year a bullish pattern completion on Nokia. It could go up and down between $3.00-$4.50 intro April. But once it breaks the neckline of $5 the first Price Target is $8.40 and then it's on to $12. Just my opinion on what the chart looks like.
Long | NOKNYSE:NOK
Possible Scenario: LONG
Evidence: Price Action, Positive news, Unusual option activity
* I think it's a great opportunity for swing trading and investing.
This is my idea and could be wrong 100%
