NOKIA USA Seems they would like to stop the rally but if you be patient you can be happy at the end :-)
NOKA trade ideas
$NOK Price TargetNOK is following the steps of tesla and our long behold GME Gamestop as you can see the chart on gamestop it all time highs it never reached before because elon tweeted or said something about it with nokia being top leader in the 5g Market this stock is well prepared to get pumped up and noticed for what its actually worth this once again.
NOKIA TP 1 has been reached!Nokia hasnt been looking to good the past couple of years, but this all could change very fast.
with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up.
fundamentals:
# march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this lookout to become truth. after that the level to watch is 4.3 as this would confirm the bullish breakout of the triangle. NOTE: descending triangles are normally bullish patterns, but trade carefully as their are some huge levels to conquer.
# Nokia has been a big factor in the 5G industry with over 125 contracts concerning 5G, with the expectations of 5G becoming bigger and bigger this would logically push nokia's shares higher and higher.
# the chart shows that the fibbonaci level 0.786 drawn from our last H/L was accepted as a support level (currently being traded in the golden pocket area which i didnt draw to clear the chart a bit )
If we manage to break the golden pocket area upwards these are the level to watch and possibly take profit:
TP 1: 4.30
TP 2: 4.97
TP 3: 6.59
TP 4: 7.82
TP 5: 8.45
Stop-Loss : between 3.2 - 2.7
Dont over leverage!
Trade safely and do your Risk Management !
Give a follow and a like if u liked my analyse on nokia!
Vision or No Vision that’s a question??? NOKIA vs Apple StoryI would like to link this story with what I published today about market and being at the verge of massive changes ..!
If you are happy of gaining 40% in a single trading day of Nokia read this:
August 2006:
Nokia 15 USD/share APPLE 2.42 (Nokia market-cap 60 Billion >Apple 55 Billion )
July 2012:
Nokia a 2.5 dollar share with market cap of 7.5 billion and Apple 25 dollar/share and 572 billion dollar company
Today:
Nokia 6.5 dollar market cap 36 and Apple 142 dollar with +2400 billion dollar market cap
15 years ago, Nokia was the biggest mobile phone maker, according to Wikipedia:
At the end of the 2007 financial year, Symbian had 62.5 percent of the market share while Microsoft's Windows Mobile had 11.9 percent and BlackBerry (RIM) had 10.9 percent. However, at the end of the 2008 financial year, Nokia's market share had fallen to 40.8 percent.The Nokia N96, the Nokia 5800 XpressMusic and the Nokia E71 did not compete against Apple's iPhone 3G. On 24 June 2008, Nokia bought the Symbian operating system and in 2009 made it open source.
In early 2009, Nokia released several devices such as the Nokia N97, a touchscreen device with a landscape QWERTY slider keyboard that was focused on social networking which received mixed reviews and the Nokia E52 which received positive reviews.At the end of the 2008 financial year, Symbian's market share was 52.4 percent and at the same time in 2009, it was 46.1 percent with the loss going to Blackberry, iOS and Android.
In 2010, the commercial pressure on Nokia increased. Original equipment manufacturers such as Samsung Electronics and Sony Ericsson chose to make Android based smartphones, not Symbian based smartphones.Nokia developed "Symbian^3" to replace the S60 platform but it never became popular.At the end of the 2010 financial year, Symbian's market share was 32 percent while Android's was 30 percent.Despite losing market share, Nokia's smartphones were profitable. Sales in 2010 steadily increased quarter by quarter. In the last quarter of 2010, Nokia sold 4 million N8 smartphones.
In February 2010, Nokia and Intel announced "MeeGo". MeeGo was a merger of their Linux based Maemo and Moblin projects. The project aimed to create one mobile operating system suitable for many types of device including tablets and smartphones. Nokia planned to use MeeGo on its smartphones. This was only achieved on the Nokia N9 (2011).
In February 2011, Elop wrote to his employees. He said Nokia was on a "burning platform". Elop said the "war of ecosystems" (software ecosystem) between iOS and Android was part of Nokia's commercial difficulties.
NOKIA on the run!NOKIA crossed over the 200weeks SMA and is breaking hard long-term resistances with huge volume, changing its long-term trend to rising.
Additionally, NOKIA is a very healthy company with good fundamentals.
More coming in another post ...
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
$BB and $NOK- why not?$NOK has been buzzing lately, and it’s beginning to look like investors are beginning to notice. Take a look at what happened to black berry. Good luck folks.
Just a reminder, with shit so crazy right now, I’m sitting in mainly cash. You gotta pay to play, but keep your positions small.
Dont be one of the guppies that will get stuck holding some of the most expensive bags in human history.
-one could argue that would be quite an achievement,
‘aye, but not one I’m keen to pursue”
NOK to the MoonWhy? Because why not. Money printer go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.
*this is not financial advice. Do your own research and then throw it in the nearest garbage can. Fundamentals are for dinosaurs. If you wanna be poor go follow Peter Schiff
