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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (7470)6/11/2012 11:05:58 AM
From: sylvester80  Read Replies (2) | Respond to of 9255
 
It bottomed at 2.08 euros. +20% is 2.49 euros. Guess what it hit Friday? 2.49 euros... 50% fib retrace of the 20% move is 2.28 euros... low today was 2.29... based on the eur/usd of 1.25 as I write this that means 2.28*1.25= $2.85.... there is also a gap open at $2.76 so it's possible that we close it before recovering... as I've said many times before, it needs to break above $3.05 and hold it before it starts the fireworks... JMHO... do your DD...

finance.yahoo.com



To: Road Walker who wrote (7470)6/11/2012 11:14:04 AM
From: sylvester80  Respond to of 9255
 
BTW, FWIW, the last few weeks a pattern had been developed where during the combined Europe/US hours of NOK trading, the stock sells off, where after 11:30 EST when europe closes, the stock finds buyers. FWIW.