Read Chart!. Interresting fib.retr. 70.2 will probably turn out to become a resistant again for a long time.
Read chart. Usually I prefer to bee bullish, but no way with my own money at this point. Cash is KING. Correction could actually be an impuls-wave in a bear-market.
Read chart. This is actually a bullish alternative. Good luck!
Bad news - Windows Phone as a Eco-system is shrinking.
My guess is theire will be some headdeack when people got time to read what Nokia acutally have said.
Where did this downward move halt? At 38,2 fibb retracement of the larger wave as I have as labeld as a wave 3. Closed shorts, and bough some shares also. It is most likley a minor a wave, but could also be a larger C wave. Since I do not know I post this a neutral.
Possible expanding triangle, cause of a complex correction in wave 2 sep-okt. This is also why I took profit yesterday, and bought short positions today. Nokia need to breath - me to - Merry Christmas! Sincerely yours, Financehulligan
Read the shart. As a beginner it might be difficult to trade a Golden Cross or a Dead Cross. The Nokia share is bullish and a Golden Cross is a bullish signal, but in the short period, some takes profit and that might lead to that the share bounce downwards the cross. Be careful, use a stop-loss as always to protect your capital. I post this as neutral, since...
Get some questions from people what I expect. Wave 3 that becomes extended tend to have a pullback only with 23,6% of the wave 3. Levels tested yesterday in US and today, Tuseday in Europe. There is good likelihood that Nokia will continue move upwards as long as we stay above 23.6% level. Thanks to tradingwiew.com Never seen any better page to both use...
For those who not trade with Elliott waves, look for Dead Cross in Apple. A sell signal of the larger kind will come in Apple It would be the first time since May 2009 Apple gets a Dead Cross.
For those who not trade with Elliott waves, look for the Golden Cross in Nokia. A buy signal of the larger kinde may be on the way. It would be the first time since January 2010 Nokia notes a Golden Cross.
About a month ago I published this: NOKIA turnaround visible through Elliott Wave Analysis HERE is a follow-up.