NOKIA retrace levels$3.5 likely
DISCLAIMER: No advice here, post for information only
TECHNICALS: pitchforks off major pivots, fib levels
FUNDAMENTALS: Industry 4.0 stonk- deep fkn value
NOA3 trade ideas
NOK price consolidation; looking for a price breakoutTechnical - NOK is forming a bullish flag which could lead to a price breakout. RSI looks good too.
Fundamentals - NOKIA has a mission to be a leader in 5G technology with many patents. I remember reading that NOKIA was asked by AT&T to help them with their 5G rollout.
Nokia Head and ShouldersNYSE:NOK
Looks like Nokia is at a critical level of support with a head and shoulders formed.
$NOK long JAN '24 $10 strike @ .55 to end generational povertyI like the chart. Think this one goes. Opened the position in the title.
Nokia Climbing Wall of WorryNokia - Looking for a break through resistance to confirm Double Bottom, Higher Low
NOKHoly wow! Nok breakout backtest and ready to RIP!!!! 5.36 was backtest this thing can FLY mainly we wat to see a breakout above then .618 fib which sits at 6.30. Confirm suppor above that. That’s the last key to a rip to 8.75 12.72 and potentially as high as 19.14$. We do want to see price break .630$ but it’s in the right setup to do soo also holdinf 5.54 as support will be another key thing to see on a pullback
Convergence of linesI just noticed this convergence of lines. Maybe they are meaningless but I've this feeling that the stock will stay flat and converge with minimal ranges until that point (take it for a thought and do your own analysis of course) but there could be some surprise at earning time news because the price could jump outside the convergence.
Nokia bounces off supportNokia has had a fairly big correction recently but now looks like it might be bouncing back up off a long term trend line
NOKIA ---- The Power of EMA with fibonacciEMA89 was broken - what's next?
I use EMA 13/34/89/144 indicator and RSI stochastic for this analysis. I've been use it for quite a while, and found it useful for my trend analysis. After significant optimism over at least 4 consecutive quarter, unfortunately the price trend has changed. EMA 13/34 dead crossed, continued with price drop below EMA89 with a low volume. Most likely will also drop further until EMA144.
Further we can see also open gap below ( mark with number 1, 2 and 3), which like it or not will be closed sooner or later. Unless there is significant move fundamentally, perhaps it will rebound technically.
I believe if NOKIA able to promote faster 5G Technology adoption, it will be a game changer for them, while at the same time they have strong competition from China vendors globally.
NOKIA target 7Nokia seems to have started an impulse
Wave 2 is quite interesting and it seems we just finished wave 3
Now wave 4 to 4.5 and then wave 5 to 7
NOK - NOKIA - EXTREME BUYA GREAT BUY, Nokia been around forever remember the 8810?
5G uplinks across Europe huge contracts in telecommunications
JUMP ONBOARD, say what you will about me but I don't fxck around watch this market move!
OMXHEX:NOKIA
EURONEXT:NOKIA
MIL:NOKIA
SIX:NOKIA
CAPITALCOM:NOKIA
NYSE:NOK
OMXSTO:NOKIA_SEK
BCBA:NOKA
OTC:NOKBF
XETR:NOA3
LSIN:0HAF
NOK...Potential Swing Trade1) Reversal pattern
2) 20/40MA above
3) Support at 5.80
4) Resistance 1 at 6.55 & Resistance 2 at 9.79
5) Potential Swing trade
NOK: Since the pullback from the huge spike during the WSB Reddit Movement, NOK has gradually grind its way up. It has formed a nice channel. The major and minor waves seem to respect fibonacci extensions very well.
NOK 20 YEAR DOWNTRENDNOK has started to trade above the golden pocket and showing signs of strength, ive been accumulating NOK stocks for a couple of months now because i REALLY like the stonk!!!
Stocks - Nokia Pops (S1)Idea for NOK:
- NOK quietly and pleasantly on the rise.
- Bullish trend (S1).
- IMO one of the best holds out there.
GLHF
- DPT
NOK Nokia 5Price Target Upgrade On 7/14/2021 JPMorgan Chase & Co. Upgraded the Rating of NOKIA from Neutral to Overweight and a Price Target from $4.30 to $7.80
Nokia has now access to the one of the largest 5G markets with its first contract in China for supplying 5G radios.
This was in line with my last chart here, about Nokia dominating the 5G space:
