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Nokia Corporation Message Board

  • markweber348 markweber348 Apr 9, 2013 1:18 PM Flag

    Looks like Nokia has broken the downtrend. Possible reversal starting

    If you bring up a candlestick chart and then draw a line from the tops from mid Jan all the way down to April 1st 2013(excluding Jan 23rd as an anomole) , then another line parallel to it for all of the bottoms of the candlesticks, it shows that NOK has clearly broken the downtrend, which may signal a reversal. Draw the same chart from Nov to Mid Jan and you can see where it broke the uptend on 1/24 and then 1/25 confirmed the break of the uptrend. This has been a fairly good way for me to see when trends have been broken.

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