NOK Chart
I looked at the 5 year NOK chart.
The stock has been range bound since Sept 2013, after it jumped on
MSFT buying the handset division, the jump took it from the $4
level to the range of 7 to 8+ it has been since Sept 2013.
The amount of volume that preceeded the jump is IMO huge and should
serve as a strong support level, it should be rock solid.
Now, I am not an expert on charts, but I am betting the downside is
very limited, yet the upside could be as I stated in a post before,
$11 to $12 in two to three years. I have yet to buy another
batch, I do expect the near term to be bumpy, and maybe it takes
ALU down a bit more, but not substantially more. Just my
thoughts on the chart, take them with a large grain of salt.
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