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Nokia Has Completed the Acquisition of Fenix GroupNokia ( NYSE:NOK ) has completed the acquisition of Fenix Group, a privately held company specializing in tactical communications solutions for the defense communities yet the stock is down 2.53% on Thursday's market trading. The acquisition, announced in December 2023, strengthens Nokia's position in the defense sector by adding Fenix's broadband tactical communications products, such as the Banshee family and Talon MANET radios, to its existing solutions portfolio. This expanded portfolio will allow Nokia ( NYSE:NOK ) to offer a more comprehensive suite of 3GPP-based solutions to its defense customers worldwide. Interoperable, 3GPP-based mobile networks will play an important role in the digitalization of military communications. The acquisition, including the Committee on Foreign Investment in the United States (CFIUS) review and approval, marks a significant milestone in Nokia's U.S. strategy and underscores its commitment to being a trusted provider of secure and innovative solutions to the U.S. Federal government. The combination of Nokia ( NYSE:NOK ) and Fenix supports the objective of bringing dual-use technology capabilities to the warfighter. Mike Loomis, President of Nokia Federal Solutions, said the acquisition marks a significant step forward in Nokia's strategy to grow its defense business and overall U.S. strategy. Dave Peterson, CEO of Fenix Group, expressed excitement about joining forces with Nokia, stating that by combining their innovative solutions with Nokia's global reach and resources, they can create even greater value for customers and make a significant impact on the future of secure military communications.
NYSE:NOK
by DEXWireNews
Nokia and Cybernet deploy Pakistan’s first 6G commercial networkKarachi, Pakistan – Nokia and Cybernet, the leading fixed-line telecommunications provider in Pakistan, today announced they have deployed the country’s first DWDM network operating at 600Gbps per wavelength. The DWDM network enables Cybernet to deliver a high capacity, robust network that is capable of meeting requirements of even the most demanding customers. This new optical network connects Cybernet’s main metro sites and provides the enhanced network capacity needed to support growing consumer and enterprise demand for fast, high-quality broadband services across Pakistan. By further strengthening its global footprint through the establishment of its international points of presence (POPs) in MC-1 in Barka (Oman), MRS-2 in Marseille (France), SmartHub in Fujairah (UAE) and SG1 in Singapore, Cybernet is providing its global peering community members with its advanced IXP platform powered by the Nokia 7750 SR and 7250 IXR routers. This platform ensures optimum connection capacity to meet both current and future needs. Cybernet offers Internet, EVPN and MPLS-based services with rich Quality of Service (QoS) at its international POPs. To better meet the rising demand for high-speed broadband access and network speeds, operators are looking to upgrade their optical networks. Committed to ensuring its customers can tap into the high-speed services it provides, Cybernet partnered with Nokia for the deployment of a future-proof optical network capable of delivering over 600Gbps per lambda. This enhances the capacity and speed of its network used to connect main metro sites within the country. Leveraging Nokia’s PSS 1830 optical transport platform, Cybernet can effectively scale its total network capacity to 28Tbs, serving broadband and enterprise customers across Pakistan. Cybernet successfully implemented Nokia’s advanced integrated ROADM architecture based on flexgrid technology. Through this deployment, Cybernet can better optimize and extend the reach of its optical network
NYSE:NOKLong
by DEXWireNews
Nokia - a sleeping giant?Nokia has been quiet for years - too quiet I suspect. You remember those old brick phones, the ones that were nearly indestructible, right? I have been watching Nokia off and on since March of last year, trying to find a decent entry point. This is an update to my original idea linked below. Due to Nokia's prior reputation, I have for nearly a year had a very strong hunch that it is soon to have a major break upwards. On Robinhood, there is a $7 call leap contract that expires 1/21/2022. It is currently trading for 16 cents. Around the end of October, the leap contract hit a low of 12 cents then had a fairly impressive rebound to higher than 21 cents. Currently, I am holding the largest position I have ever had in stocks. Specifically on Nokia, after I saw that it bottomed yet again at 12 cents. A lot of people would say going all in on one position is not smart, but I'm not a person that can pay attention to too many things/assets at once. Plus, the feeling I have about this stock is next to unbreakable, no matter what it does in the short term. Fundamentals aside, this is a chart analysis of why I believe Nokia is not just 'a' sleeping giant, but 'the' sleeping giant. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - This is a trend line in Nokia that I spotted which began on the week of February 20th, 2001. Nokia broke below this trend line with force between the weeks of April 19th, 2010, and April 26th, 2010. Since then, Nokia has failed to break above it for any significant amount of time until the week of May 22nd, 2017. Unfortunately Nokia was unable to hold mid-term support and on the week of October 23rd, 2017, had a significant ~20% drop. Nokia has battled with breaking and staying above this trend line since then, with every break below causing significant selling pressure. Interestingly, Nokia has an earnings report coming up on February 4th, 2021. Almost 20 years to the day that this trend began. I believe Nokia is fairly close to breaking above this trend line for good due to a few things I am seeing on the chart. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - When I check the RSI, I immediately notice multiple trends. The first one being Nokia significantly rejecting any value above 60. From the week of January 21st, 2014 to April 17th, 2017, Nokia did not stay above 60 RSI. Even the April 2017 break above was short lived. Also notice, that break above 60 RSI was likely caused by Nokia testing support at first the .618 Fib, then the .50 Fib. It then proceeded to have a longer-term triple top in price at the $6.4 resistance while the RSI was printing noticeably lower highs. The failure in 2019 to break above this resistance then began another major downtrend. This is the second trend I spotted in the RSI. This is also the second biggest justification I have for being so bullish on Nokia. Since entering overbought in late 2013, Nokia has failed at breaking above 60 RSI let alone 70 until the end of May, 2017. The May high in the RSI created a few different trend lines that Nokia has reacted very strongly to. Up until April 2020, the longest amount of time that Nokia's RSI has been able to spend above this resistance is approximately 2 months. On the week of April 20th, 2020, Nokia was able to break above this trend with force, and after 2 successful support tests has so far stayed above it. A much smaller and shorter-term trend line I noticed. Currently, Nokia is above it. When we go into the 3d chart, we can see that this trend line was rejected as resistance on October 19th after falling below it in late August. In late November, the RSI once again managed to break back above it. It successfully passed a support test and is currently attempting to test it once more to flip it from resistance into support. When we check the daily, however, there is something interesting to be seen. After briefly dipping below this trend line, the RSI had a decent rally back above it. We can see that this is the 3rd attempt to test for support. Should the next 3 day candle hold, this should cause another test of local resistance. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - And now, the MACD. The MACD has, in my opinion, been showing consistency over the past 10 years with a trend line of higher lows. With the exception of the drop from Covid, the major lows in the MACD have all been higher than the last. Even when the Covid drop happened, the MACD printed bullish divergence. The MACD histogram at the same time printed hidden bullish divergence. This caused Nokia to have a ~119% rally. We can also see that, currently, the MACD is above the higher lows trend line. Zooming out to the 1 month time frame, an interesting situation. After testing and rejecting the 0 line, the MACD printed what is so far a potential double bottom. A break above the 0 line will validate this scenario. There is also a slight bullish cross. The histogram has also flipped upwards, but not by a significant margin. The 2 month shows a few other interesting signals. The thing that catches my eye here is what seems to be very strong bullish divergence. The September 2020 price low is approximately 28% lower than the September 2016 low, yet the MACD is showing a higher low. Nokia is also attempting a bullish cross here after being rejected on the first attempt. Another key thing to note on this time frame in the MACD is the histogram, which appears to be showing sell momentum waning. Nokia attempted a bullish cross in the July 2020 2 month candle but was rejected, and is now yet again attempting another bullish cross. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Aisde from Nokia currently residing above the 20 year trend line, there are also multiple price patterns/signals presenting themselves. After Nokia dropped from the .5 Fib retracement, the price has been printing a potential bear flag. Nokia did however catch strong buying support on the 0.886 Fib, which is typically the absolute last stand for bulls to regain control. That Fib also coincided with the Covid market-wide selloff in March of 2020. After Nokia broke back above the 20 year trend line, it was also able to break a mid-term diagonal resistance. This resistance has been tested successfully for sure once, although most people would argue the gap was also potentially indicative of a successful support test. Within this bear flag, however, there are 3 different price structures indicating potential bullish pressure building. I do not hold much weight with price patterns anymore however as I have been burned one too many times by them, and/or fake breaks of them. Still, I find that for analytical purposes I may as well mention them just in case. First, a giant potential inverted head and shoulders pattern. Should this complete, the measured target for this would be approximately $2 higher than the point where it breaks above the neckline. Technically, this pattern alone could quite easily propel Nokia above my forecasted target of $7 depending on if the neckline is tilted upwards or is the 0.618 Fib. And again, only if the pattern is legit. Second, a much smaller potential inverted head and shoulders pattern. Should this one complete, the measured target for it is approximately $1 higher than the point of breakout above the neckline. The measured target for this particular one to complete would be roughly the 0.5 Fib, which resides at $5.18. Interestingly, both of these POTENTIAL inverted head and shoulders pattern started at the 0.618 Fib. The bigger one completing would propel Nokia out of the current bear flag which would be a major buy signal to traders. There is also a potential ascending triangle, with an apex around August 2021. A long term downtrend channel. A long term potential falling wedge with fake breakouts to the upside and downside. I think this is more likely to be a downtrend channel than anything but I guess you never know. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - In conclusion, Nokia at this point can go pretty much anywhere. What I have outlined in this idea is strongly bias to the bullish side. The fundamentals for Nokia are currently very neutral. There is a new CEO who previously worked for Sony Ericsson, who has outlined a new roadmap for the company as a whole. They have positive cash flow and a low debt to asset ratio. They did however have a drop in overall revenue. Also, the outstanding amount of shares for Nokia is very high. Due to this, a lot of traders believe it would take a seriously large catalyst for Nokia to break its current downtrend/range. I may be early on this trade, but I do believe that within the next 6 months, Nokia could make a serious turnaround. At this point, I believe that anything below current share price is a strong buy. The leap contracts for Nokia are also dirt cheap, according to multiple postings on social media. Time will tell. I will leave you with this food for thought: When in doubt.. Zoom out. Original idea:
NYSE:NOKLong
by UnknownUnicorn5836947
14
Upside Potential for Long InvestmentsNokia bought in 2015 Alcatel and since then they restructured the Company. Since Europe is concerned about Huawei and Security, Nokia could become more competitive in the Networking / Cloud / Infrastructure Market in the Next Years. Upcoming Earnings should reflect the upside Potential since the last Earnings topped Expectations from multiple Analysts. Disclaimer: Holding Positions into Nokia since 2020 Last Conference Call from 1/26/23 is available to Watch.
XETR:NOA3Long
by N4c0ViRu2
1
Nokia: Further Trouble AheadNokia Corporation - Short Term - We look to Sell at 5.31 (stop at 5.54) We look to sell rallies. Previous support at 5.30 now becomes resistance. 50 1day EMA is at 5.44. There is scope for mild buying at the open but gains should be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 5.30, resulting in improved risk/reward. Our profit targets will be 4.56 and 4.29 Resistance: 5.30 / 5.50 / 6.00 Support: 5.00 / 4.50 / 4.30 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:NOKShort
by Saxo
Nokia to Drop FurtherNokia Corporation - Short Term - We look to Sell a break of 5.24 (stop at 5.45) A move through bespoke support at 5.40 and we look for extended losses. Our overall sentiment remains bearish looking for lower levels. A lack of clear direction has formed a channel on the intraday chart that has a mild bias to break lower. We look for gains to be extended today. Our profit targets will be 4.38 and 4.10 Resistance: 6.00 / 6.40 / 7.00 Support: 5.40 / 5.00 / 4.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:NOKShort
by Saxo
Nokia at Key Support Level Nokia Corporation - Short Term - We look to Buy at 5.33 (stop at 5.16) We look to buy dips. Trading within a Bullish Channel formation. A higher correction is expected. Previous support located at 5.40. We expect this move higher to continue and look to set longs in early trade using previous lows as a stop. Our profit targets will be 5.76 and 5.95 Resistance: 5.75 / 6.00 / 6.40 Support: 5.40 / 5.25 / 5.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:NOKLong
by Saxo
Nokia Corporation OutlookThe stock symbol NOK for Nokia Corporation. A company that provides mobile and fixed network solutions worldwide. Recently the stock hits a low price of around $2.25 the week of March 9, 2020. Since then the stock formed the triple bottom bullish pattern. In addition, the stock retested the $5 level around the week of Jul 26, 2021. Looking at the DM Indicator, ADX is rising sharply. +DM is in control. Macd is rising and is above the level 0. I have a bullish feeling for this stock. A pullback is possible to around $4 to $4.50, but I feel that this stock has the potential to test $6 to $6.50 level. Thank you for reading. Greenfield/ Xanh Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
OMXHEX:NOKIALong
by GreenfieldAnalysis
NOKIA ($NOK) gearing up for big move? 📈🚀 Penny stock breakout?$NOK is forming a rounding accumulation pattern with a bullish MACD crossover and an upward-trending RSI. The OBV (on balance volume) is also looking to break out with the same rounding accumulation pattern. From a fundamental standpoint, $NOK has actually been fairly active on the contractual front. It recently picked up a few 5G contracts from large operators like Telenet in Belgium, A1 in Austria, and Orange. It has also signed a partnership with Microsoft ($MSFT) to develop private wireless products specifically designed for enterprises. $NOK could fairly easily break to the $4.75 - $5 range fairly soon, barring an overall market retracement.
NYSE:NOKLong
by TheTravel1ngTrader
5
NOK might NOK make it. 4.16 Can the 4s make it? Looks like 3s. I can't tell, it just doesn't look good. We all have some war wound from the Great Meme Stock wars, early in the winter of 2021. Many wounded only by the regret of leaving money on the table. Others reduced to opening reddit accounts to see what all the fuss was about. And then there are the dead. Rekt in billions of blood. Hopes and dreams and dreams crushed into forgotten goals, only to be replaced by empty hands. NOK bit my ass. Took a chunk out my hubris and left me limping into the finish line. Doesn't look like NOK will make it any time soon. NOK doesn't look good. Just technically, cause I've done no DD on the company, I just went with the Resurrecting Phoenix stock stories like BB Xerox PetCo and even Atari is making a "comeback" surge. But it got caught up in the GME Silver Wall Street Memes. Anyways, technically, What a wick huh? And how bout that weekly STORSI. Hats off to the diamond hands. I wish you god speed.
NYSE:NOK
by allthemoneys
9
Nokia - A Sleeping Giant waiting to be awaken. Ladies and Gentlemen Welcome to another edition of FrancoBlancos Dreams. The asset in question is Nokia and current Technicals are strong and indicating a very strong upward movement Long Term. $Nok TTM Squeeze BULLISH, with the chart formation confirming the trend. The stock is trading above the 10 Day, MA 21 Day MA, 50 Day MA, and 200 Day This confirm to me that the Trend is Bullish Long Term. Please DYOR and Happy hunting folks. My Buy entry is $4.95.00 My Take Profit is $22.50
NYSE:NOKLong
by FrancoBlanco
15