Nokia at Key Support Level. We look to Buy at 5.33 (stop at 5.16)
Nokia Corporation - Short Term - We look to Buy at 5.33 (stop at 5.16)
We look to buy dips. Trading within a Bullish Channel formation. A higher correction is expected. Previous support located at 5.40. We expect this move higher to continue and look to set longs in early trade using previous lows as a stop.
Our profit targets will be 5.76 and 5.95
Resistance: 5.75 / 6.00 / 6.40
Support: 5.40 / 5.25 / 5.00
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