We have an ascending triangle that has developed over the past week.
A break above 3.90 indicates a $1 move higher, as dictated by the flagpole.
It worked worked the same way back in mid November.
A break higher back then took us from the last base of 1.75 to 2.80
A break higher now would take us from 3.85 to 4.95 est.
Be aware, any breakout to the upside from this triangel, should be bought hand over fist!
On a measure move, if I were still doing these, would used 11/08 at $2.62 and subtract that from 12/05 at $3.88, giving $1.26. Then would at that onto 12/03 at $3.26, on a measured move would estimate that Nokia near term price would be hitting $4.52 or thereabouts at the next point of resistance upwards. Measuring points are subjective, but for me, this is what I would see if I were still doing technical analysis. You are definitely in the ballpark.