Jim Letourneau's Blog

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Nice Nokia News Mostly Noise

There is lots of Nokia (NOK) news this morning. I prefer to step back and look at a longer term chart when this happens. There isn't much overhead resistance until $20 but it may take a few months to get there. I wouldn't be jumping on the Nokia bandwagon at this point. It was a better buy a few days ago. There might be better opportunities further down the phone food chain.

Long Term Nokia Chart Posted by Hello

Not Advice
I do not own NOK.