The technical pattern (a forming inverted Headand Shoulders Bottom) is very promising.If this stock can rise above $5.80 in the next few weeks it is ALL aboard.What could drive this: the upcoming 3g MobileTrades show in Barcelona..
3G has been replaced by 4G already. But NOK will have some new products. They will take over where RIMM fell apart.
3G is being replaced by 4G? Yes in the U.S. Nokia's strength remains Europe and China. China is still in the early stages of building their 3G networks and customer base. Europe is 3G but only starting 4G planning and spectrum purchases.We have to think about the smartphone business and Nokia on a global basis.
BIG "IF"....:)I still think that we are in a trding range $4.76 - $5.76and at $5.28 -$5.32 is a 50/50 chance to go ever way for nowIMHONO REAL CATALYST till may be March 18 but April's earnings can be the last bad news for a whileI'm long 6200 shares