NOKIA Breakout
Thursday, August 02, 2007
Chart courtesy of stockcharts

Nokia shares were up today more than 8% to $30.90 after reported a strong second quarter, with an increase in its market share amid surging growth in emerging markets. Looking at the daily chart, stock broke out an important resistance of $30.31 , and is now able to make new highs due to the fact there is no resistance above. Indicators are all in Bullish areas, so keep your eye on NOK, stock is now in Bullish Market.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.
 
posted by Pro Investor Trader at 1:35 PM | Permalink


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