NOKIA just hit the top of long term bearish trend channel, and is about to cross down short term bullish channel... RSI also topped....MACD just about to make bearish cross... And wave trend about to turn..... All indicating a BIG drop.
I expect a drop of 15% or more.
I expect a drop of 15% or more.
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My Stop loss is 4.99...... Not 5.99 :)
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I expect a complte drop in 1 month or so... Mid april might be a good guess for selling my short.
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Oh, and I geared the short position by 5,65.... Exspecting a minimum of 80% return on investment