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Technology Stocks : Nokia (NOK)
NOK 6.160+1.5%Dec 8 3:59 PM EST

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To: Zbyte who wrote (31151)8/9/2012 11:08:24 AM
From: sylvester80   of 34857
 
Another reason why I lighten up my NOK shares is the fact that euro is weak. In fact, in euro currency, NOK hit the dividend price I mention earlier today. So the 3.26 that I mentioned in US dollars was 2.35-2.50 in euros on May 4th (at the time the euro was stronger than it is now). And Nokia hit 2.33 euros today. Go look at the european charts and that is going to be strong resistance at the 2.35-2.50 area which are the highs post dividend... so weak euro means weak Nokia US$ price...

finance.yahoo.com
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