Thread: Let's talk Nokia stock!
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SamGan is offline SamGan
2012-06-28 , 02:53
Posts: 648 | Thanked: 650 times | Joined on Oct 2011
#1652
Originally Posted by Mara View Post
Now this is offtopic so maybe go back to talk about the Nokia stock... whatever value is left of it.
As expected NOK experienced a dead cat bounce yesterday after declining 12% for the prior past 2 trading sessions. It is expected to breach the $2.00 psychological level next week. Support may be found at the $1.80 level where it should languish until more bad news is released on July 19 for the Q2 financial report when it should test the $1.50 level.
Outlook: Negative Recommendation: Sell