"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...
Today 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 ......
Nokia 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 $5
News 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.
Karachi, 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....
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)...
Analyzing 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.
Nokia 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.
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.
Nokia 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.
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...
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...
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...
Nokia 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...
