They did it again, the famous highly paid analysts.
today I could read in an article about the legal dispute between Apple and Samsung. One potential winner could be Nokia. The writer things that will push the Nokia stock, Article
Right, today Nokia shares went up by 5.52%. But is that really due to the judge decision? Did the decision changes the buying decision of investors? I do have my doubts about this statement. The Nokia stock is going up since July 25th. The stock gained 77% increase in value since July 25th. The indicators like RSI suggest the stock is a little bit expensive and investors might cash in the profit. But it is also possible the trend will continue. The ADX is with 49 pretty strong. The volume in stock suggest that bigger investors are buying Nokia shares. With $3.25 the stock value is too low for a margin account.....
As always, just my 5 cents
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