Nokia Longterm inverted head and shoulders
As per the title, apparent IHS formed on Nokia with recent break above the neckline, albeit likely from the recent hype and potential WSB chat. Short to midterm target in the recent of 10 dollar region. MACD taken an upwards turn on the monthly so stability in the move should be there. If price holds around 4.3 - 4.5 dollar mark then we should see some action pretty soon!
Note
*I should add that IHS target is 14-15 dollars with 10 dollar target at long term resistance line and recent high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.