The Nokia Share (NOK) Daily Diagram Technical Analysis Training shows the following:
The NOK consolidates for a long time now into an ascending triangle. All these consolidations are above EMA 200. There is a sense of bull market because the EMA 50 is above EMA 100 & EMA 200 and EMA 100 is above EMA 200 too. There are some Golden crosses from Sep 2013. Now all these are supporting the share.
In addition the share consolidates above the KUMO and its key indexes.
MACD and RSI are not so helpful.
So based on share's old prices levels you can see that $8.32-$8.74 is a critical zone. If the share stabilizes there the next resistance is at $12
The NOK consolidates for a long time now into an ascending triangle. All these consolidations are above EMA 200. There is a sense of bull market because the EMA 50 is above EMA 100 & EMA 200 and EMA 100 is above EMA 200 too. There are some Golden crosses from Sep 2013. Now all these are supporting the share.
In addition the share consolidates above the KUMO and its key indexes.
MACD and RSI are not so helpful.
So based on share's old prices levels you can see that $8.32-$8.74 is a critical zone. If the share stabilizes there the next resistance is at $12
