Get started

NOK

NOKIA is making one more push. NOKFifth wave of local impulse, making this one a relatively confident prediction. Plenty of momentum to move more and then reassess. No train can travel indefinitely after all. Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period. Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
NYSE:NOKLong
by Rykin_Capital
USDNOK looking up 🦐USDNOK after the double bottom over the support has moved to the upside over an ascending trandline. The price has now reached a daily resistance and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
$PLTR Meme Stock with Real Fundamental ValueQuick update on PLTR, moving how I predicted towards its first target of $27. Red day today because of the meme stock price movement, but this company does in fact have true fundamentals and continues to sign deals with the US government as well as show YOY growth, data analytics will without a doubt be one of the biggest sectors in the near future, and one of the only positions I will accumulate steadily throughout my lifetime as an Amazon or Facebook of my generation. The price movement can also be reflected by the meme stock rampage currently going on, due to redditors absolutely loving the company as well as our faithful Cathy Wood that continues to BTFD. Palantir not only is an incredible growth company that I believe will have a significant value in the years to come, but Reddit also can and has been giving this some steam to break out even further. Options are interesting on this one, so I would say share accumulation is the way to go. GLTA, PLTR to the moon (Long term for good reasons).
PLong
by chartxzy
$BB Analysis & Predictions Based on Parabolic Squeeze MomentumWith BB now reaching a new high since the previous January squeeze, the level reached was approximately near the $20 Level, or the 61% Retracement level. It is now currently using the 50% retracement level of $17 as support for a potential next leg up. If parabolic movement continues in the "meme stocks" , you can look for your next targets of resistance levels near $20 (61% retracement) and then $24 (78% retracement). The zones are as shown on the chart, shows how these fibonacci retracement levels play a significant role in determing support and resistance on 1D chart. My position on this was strictly options, I purchased so called YOLO calls on Tuesday of this week 6/4 $16 Calls - 0.86 /c as well as yesterday at the close purchased 6/11 $20 Calls - 3.30 / c Sold the June 4's for 4.85 at the open today, cant complain about that gain and they expire soon, and I will hold these $20 calls for next week if the current support zone holds. GLTA, follow for more
NYSE:BBLong
by chartxzy
2
$AMC Analysis - Parabolic Movement & Retracement Patterns The chart is relatively self explanatory. AMC has been moving according to its retracement zone levels, we see resistance where there technically should be resistance, and we see support at key levels of the retracement pattern. Considering this is not your typical volatility and case scenario, the price movements are going to be nothing short of parabolic with short squeeze gamma metrics. Gamma in terms of MM's buying shares to properly hedge themselves for options contracts that are ITM, with a majority of contracts being 6/18 $40 calls. With more and more contracts becoming ITM, MM's buying shares to make sure they can "make" the market, AND closing purchases (short covers), parabolic type movement brings us to its next retracement level of 261%, or the price of approximately $92. GLTA
NYSE:AMCLong
by chartxzy
6
NOKIA - Sky is the limit 🌟-One stock to keep an eye on is Nokia (NOK). NOK is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 17 right now. For comparison, its industry sports an average P/E of 19. Over the past 52 weeks, NOK's Forward P/E has been as high as 29.52 and as low as 10.50, with a median of 16.41. -Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. NOK has a P/S ratio of 1.09. This compares to its industry's average P/S of 1.58. -These are only a few of the key metrics included in Nokia's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, NOK looks like an impressive value stock at the moment.
NYSE:NOKLong
by caldooninvestment
6
Possible Triple Bottom and Bullish DivergenceNOKUSD was in a multi-year uptrend before COVID disrupted things. We have now regressed far below where we were previously, and there is reason to think that a turnaround may be in store. At minimum, we are likely to catch a small bounce here. 1. Bullish divergence on volume-based indicators. With each of these three tests of 8.20, the OBV and Chaikin Money Flow have trended higher. This suggests that at least a small bounce is likely. 2. Longer term: NOK was in an uptrend prior to COVID, and this trend existed since 2011. 3. 2011 actually marked the end of a multi-decade downtrend, which was briefly disrupted by the 2008 recession, after which the prior trend resumed. Might the same thing happen this time, but in reverse? 4. The S&P 500 is starting to look overextended in an historically bearish seasonal period. A selloff would likely send the dollar higher against everything. 5. Lastly, and this probably isn't a good basis for a trade by itself, which is why I put it last, but you may have history on your side in this trade: “An analysis of the time-trend of U.S. dollar values over the course of a presidential term indicates that the U.S. dollar tends to start at a high value for Republican presidents and then depreciates, while the opposite pattern is true for Democrats.” walton.uark.edu
Long
by dtingbudong
GBPNOK rotation, double bottom to longI'm checking the situation on GBPNOK for few weeks and things are finally happening. I see a nice opportunity from weekly and monthly timeframes to end that descending triangle and break out from it back to the bullmarket, lower timeframes just confirms that! I'll wait for singnal to buy in that green reaction zone and specially on level 11.5621 which got the biggest volume. If something interesting will happen, my stop loss would be 11.4297, so i think we'll go up next week probably from saturday, but without a right reaction on levels there's no trade so be parioent and stick to the plan! Wish u good luck!
Long
by SpilakJ