NOK Idea 7/14/21Over $6.70 we may have a part three in the next crazy run up. I'd keep this on watch. Please let me know what you think! Leave a like and follow if you enjoy what I posted! Thank youLongby Smarter_TradesUpdated 2212
Why Zaza bought Nokia shares at $4.00 and is holding now30 Oct, Bota Kiri, Perak Darul Ridzuan: Why Nokia Stock Could Be Your Best Choice Right Now 📈 If you're looking for a stock with potential to grow, now might be the right time to consider Nokia (NYSE: NOK). Priced around $4.00, Nokia stock offers an attractive long-term investment opportunity. 🌟 Why Zaza & Team, ZZCM Bought Nokia at $4.00 Zaza recently purchased Nokia shares at $4.00, confident that the company has promising future projects to drive growth. Here’s why Zaza feels optimistic about the future of this tech company. Exciting Projects in 5G & Future Technologies 🚀 Nokia is strengthening its position in the 5G industry, which is increasingly important worldwide. Nokia’s 5G infrastructure and network solutions are recognized as solid. With partnerships with several major telecom operators, Nokia is now a leading provider of 5G technology in multiple countries. Beyond 5G, Nokia is also focusing on new technologies like 6G, AI networking, and the Internet of Things (IoT). These projects open new revenue streams for Nokia and position it for substantial gains when these technologies are adopted more widely. Positive Recent Developments for Nokia 📊 Recent developments have helped solidify Nokia's prospects: 👉 Partnerships with Major Telecom Companies: Nokia has numerous agreements with prominent telecom companies in Europe, North America, and Asia 🌍. These deals not only bring stable revenue but also reinforce Nokia’s brand in the market. 👉 Government Support & Strategic Contracts: Nokia recently secured contracts for secure communication networks with government agencies in several countries. This further proves Nokia is a trusted partner for secure networks 💼. 👉 Investment in Cloud & Edge Computing: Nokia is focusing on cloud and edge computing, increasingly vital for digital transformation 🔗. Nokia can offer end-to-end solutions from 5G to cloud services. Benefits of Buying Nokia Now Attractive Valuation: With a price around $4.00, Nokia is considered undervalued. Strong Financials: Nokia has a solid balance sheet, enabling continued investment in new technology. Dividend Potential: As Nokia’s financial position strengthens, there’s potential for increased dividends, which would be attractive to shareholders. Continued Demand: With growing digitalization, demand for 5G, cloud, and IoT is expected to keep rising 📈. So, Why Now is the Best Time to Buy 💰 With a low price and bright prospects, Zaza believes Nokia is well-positioned for growth. With its focus on 5G, IoT, AI, and edge computing, Nokia could be a profitable long-term investment opportunity. Buying now at around $4.00 offers you the chance to get in early before these projects make a full impact. 🚀Longby Zezu_Zaza6
NOK Nokia Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NOK Nokia prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $0.09. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions5
Nokia to acquire Infinera in 2.3B USD dealNokia Corp ADR is poised to significantly enhance its capabilities in the optical equipment sector with the 2.3 billion USD acquisition of Infinera Corp. This strategic move aims to double Nokia's capacity to produce data centres integrated with artificial intelligence, positioning the company to compete more effectively with industry giants like Huawei and Ciena. Post-acquisition, Nokia is set to become the second-largest player in the global networking sector, surpassing Ciena and trailing only behind China's Huawei. The deal is anticipated to immediately boost Nokia's profits, with expectations that Infinera's contributions will increase Nokia's net profit by more than 10% by 2027. Additionally, the acquisition will enable Nokia to accelerate the development and release of new products, thereby enhancing its competitive edge in the telecom equipment market. Technical analysis of Nokia Corp ADR (NYSE: NOK) Examining the stock chart from a technical analysis perspective: Timeframe: Daily (D1) Current trend: There has been a global uptrend since the end of December 2023 Resistance level: 3.85 USD Support level: 3.55 USD Potential downtrend target: If a downtrend forms, the potential downside target could be set at 2.50 USD Short-term target: If the uptrend continues and the stock breaks the resistance at 3.85 USD, the short-term target could be set at 4.10 USD Medium-term target: The price could potentially rise to 4.35 USD This acquisition not only promises to bolster Nokia's financial performance but also strategically positions the company at the forefront of innovation in the networking and data centre industries. Investors may want to monitor this stock closely as the market reacts to this significant corporate development. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets2
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.by DEXWireNews2
NOKIA - Long-Term"Long" Term does not imply "going Long" mind you .. just means .. eh .. like much time .. Made a nice "Fib", they seem to be important to 'Traders' and 'Anal-ysts®' (not to me, sorry), I just draw that humbug in here because all my other IDEA's usually have pretty empty charts (see some lines further below .. ). Just saw an elaborate IDEA about 'stuff' the other day were the author actually thought they explain anything by incorporating "Fibonacci" .. as if it has some magically meaning explaining by mere presence why things happen the way they happen, of course everybody happy about it, not seeing it did not explain ANYTHING, well .. people don´t wanna learn or understand anything truly 🤷. I'm not gonna bother any more. Overview: Price seems to like this 0.618 fib thingy, great (I'll bet if we make up more fibs, some of them look important too, 'muh nature laws'). Zooming in some more, we can see pareidolia in the form of a Dandruff-pattern®, which 'played out' very quickly and violently .. messed with a lot of people (whole discussions to be found and had about this one). Zoom in even more for some more funny Dandruff: price seems to be stuck at the very important 0.287fib and EXTREME close-up: Not gonna bother drawing any more pretty lines and fundicators in here. 'TBH', my trades have nothing to look at but TradingView does not like that (they already killed some of my previous charts because I was trading almost Butt-naked) What is shown here holds pretty much NO meaning to me or my trades, just drew some of the stuff that most people could/should/would find if they want to Anal-yze® the chart. Already entered in November but (why sell (some) in Profit when it's more fun to see it return to Break-even, am I right? 😉) .. like with the other stuff .. couldn't be ***ed to make public chart before. But I'm bored .. so .. here is one now. Chart does have some areas I might Buy or Sell some .. will see 'whence we got there' (👈 'past future tense' / 'futuristic past tense'? ) . I wouldn't trade this if I were you. Nokia does some phone stuff (no I did not mean "phunky" or "phunny" stuff, even though it sounds like it, reading it back) .. like .. 5G etc. BUT I am not you .. so I trade it anyway. IF you were me .. than .. I guess you would be typing this ?by Je_BuurmanUpdated 3312
nokia-Weekly 26 EMA breaking after repetitive attempts. Right now is flat pointing straight. -Weekly MACD heading on the upper half. -Daily 26 EMA pointing upwards after a strong bull absorption candle with a second candle breaking the range. Long trades preferred. Wait for the pullback of this initiative move and enter after a confirmative strong bull candle or pattern. Stop loss below this pullback. Take profit on some next reference point. The trade provided is indicative. Longby koumkouat1
My final idea on NokiaToday there is an article on TradingView in regards to Nokia and AT&T. AT&T has apparently chosen Ericsson to "modernize its U.S. telecoms network" instead of Nokia for a $14,000,000,000 contract. www.tradingview.com Nokia share prices have plummeted almost 16% in the past 3 trading days, today being -5%. For Nokia, that is a *gigantic* drop. It's also kinda ... weird timing. For multiple reasons. At the end of last week, I was looking at Nokia's daily chart and was feeling pretty certain it was about to drop again: 1) Massive volume fall off as Nokia had a slight bullish retracement. 2) It bounced off what I see as a critical former support trend line with absolutely ZERO vigor. It barcoded. At a former support. 3) After breaking 50 RSI, there was a green daily candle on that support, but by only +0.29%. Huge signal of weakness. Looking at the weekly RSI, I felt even more certain Nokia was about to drop again: 1) Nokia has not entered oversold on the weekly since early 2020. 2) In early 2020 Nokia entered oversold, it bounced, then did it again shaving nearly 50% off the share price. Now don't get me wrong, I didn't see a 16% drop coming, but it was pretty clear it was about to drop again is all I'm saying. So then yesterday and today there is news about AT&T rejecting Nokia for a contract. Yet I want to point something out that caught my eye in that above article: "We understand that the operator took this decision for specific reasons that are not related to the quality (or lack thereof) of Nokia's products and solutions. That said, after the loss of 5G footprint at Verizon to Samsung, this is yet another significant setback for Nokia in the crucial (highest-margin) U.S. market," Peterc added. Interestingly, this decision by AT&T was not made over Nokia's actual products/performance? Is this not a huge red flag to anyone else? Especially considering this next part? Now we take a look at the chart itself for another interesting bit: Zoomed in: Now that I've looked at it a bit more ... the 2021 'meme' spike (in Nokia at least) makes a bit more sense: It has been almost 3 years since Nokia had that major spike in Jan 2021. From the moment it happened and ever since, I have believed there was *a lot* more to that jump than meets the eye. My hunch then and always has been that it was an attempted breakout/attempted downtrend reversal. Initially it was the smaller (pictured) inverted head and shoulders. Then it was the theory of a massive multi-decade inverted head and shoulders, yada yada. Clearly, I will admit, I must have been wrong. To keep things simple, I am starting to believe it was just the first real breakout attempt of the ATH downtrend line. That breakout was my largest unrealized profit trade ever and I blew it. Won't go into details on that. Ever since, I have blown every single winning trade I've taken. (Other than my most recent PayPal trade which netted me a whopping$100.) Anyway, enough with that. With this weeks drop, Nokia is today sitting directly on that ATH downtrend line, which started in November of 2007. This will be my final attempt at trading Nokia. Like the 'meme' spike, I am again entering into $7 call contracts. Their expiration is 1/16/2026. With the exception of a few hundred dollars, I am all in on my 2nd largest trade since 2021, and will continue to add more contracts as time goes on if somehow I come upon some spare cash. On the worst news Nokia has seen in a while. Right on the downtrend line. I am here again. For the final time.Longby UnknownUnicorn5836947Updated 554
Nokia (NOK) possible recoveryNokia completed the share buyback, which started in February 2022, in November 2023. On the monthly chart, there is divergence in the MFI, KDJ is looking to cross upwards. Apparently 2024 will be a key year for the company. The fair price at the moment seems to be around the VPVR, around $5Longby outbreeakUpdated 0
NOKIA: Daily Chart UpdateNews are shaking the price so good luck trying to guess the direction. Based on the trend lines I'd still expect upside coming in the next few weeks if we keep diving lower.by M0_BTC220
NOKIA: Intraday UpdateAfter testing the strong daily key level multiple times the price is heading lower towards next support zones.by M0_BTCUpdated 552
NOKIA: Areas to look out for on a 4h chartCurrently in a downtrend, things might take a turn as we're going towards strong key levels.by M0_BTCUpdated 1
Nokia catch this wave up!!I guess we cant go lower and we are about to break out upwards. Lest see how it will go.Longby G1D3onnUpdated 3
NOK, SELL, 7.08% PROFITShort selling NYSE:NOK on 10/18/2023 near market close and closed position on 10/19/2023 at market open. Net 7.08% profit. Shortby 1hour_trading0
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 networkLongby DEXWireNews4
Is NOKIA about to wake from its deep deep sleep?Perhaps. ** investment opportunity ** 23 years ago traders were exchanging Nokia stock at $60 a share. No splits since that time and now yours for under $4. Dividend yield @ 1.98%. On the above 3-week chart price action has corrected over 90%. A number of reasons now exist for a bullish outlook. They include: 1) Price action and RSI resistance breakouts. 2) Price action backtests past resistance as support on a macro bull-flag. Make no mistake how important this signal is. For 23 years it has been huge resistance. This is big news. 3) Support and resistance. Look left. Blue circle. A beautiful signal. 4) Last but not least price action is currently testing the 0.236 Fibonacci level. Is it possible price action keeps falling? Sure. Is it probable? No. Ww Type: Investment Risk: <=6% Timeframe for long: A month at best Return: Will say elsewhere.by without_worries3310
NOK Nokia Oyj Options Ahead of EarningsAnalyzing the options chain of NOK Nokia Oyj prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptions6
Nokia counter trend playNokia taking an initial counter trend long position on the assumption that price has bottomed in the short term. Will update accordingly if the situation changes.Longby et20tradeviewUpdated 6
NOKIA: Bullish Deep Gartley Visible on the Daily.There's not much to go off of other than the Deep Gartley, but I like the area it's at and it looks like the perfect spot to try to catch a bigger move up after having what could be seen as an overly negative reaction to a slight miss on the earnings report.Longby RizeSenpai1
Nokia Long Term ViewNokia has been slammed over the last 10 years, but they're far from being in the gutter and are working with many leading governments for technology infrastructure . We can see that a head and shoulder pattern has developed and can see some strong bullish RSI divergence. This is for the long game. Longby SkyTrees3
Say Uncle.The other day, I met a close friend of my roommate. He tried to shill me GameStop. After it has already gone up 18,700%. Nokia on the other hand? Mention it to anyone who knows anything about stocks and you'll get laughed at. He laughed at me. Even in Finland, apparently Nokia is known as the stock that will always let you down. Always. From this point forward, I believe that is about to change. Dramatically . Buy anything below $4.75. See you at $22. Soon. It's time the giant awakens.Longby UnknownUnicorn5836947Updated 11115
Are you blind!?Previous Close 4.4545 Open 4.4700 Bid 4.4480 x 0 Ask 4.4495 x 0 Day's Range 4.4410 - 4.4925 52 Week Range 4.1180 - 5.7690 Volume 3,407,332 Avg. Volume 10,904,368 Market Cap 25.032B Beta (5Y Monthly) 0.57 PE Ratio (TTM) 16.47 EPS (TTM) 0.2700 Earnings Date Jul 21, 2022 Forward Dividend & Yield 0.08 (1.80%) Ex-Dividend Date May 02, 2022 1y Target Est 57.72 No sell only buyLongby UnknownUnicorn5836947Updated 119
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: Longby UnknownUnicorn5836947Updated 141423