Nokia as an investment (Part 4)

Well, anyway, there’s Ericsson’s earnings report, and a new day with new developments in between.

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Yeah, today is a bit different. Similar things have happened several times even without news. Towards the evening, the gap relative to the US price will be closed.

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Here is a summary of the consensus forecasts at a slightly more detailed level:

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https://www.datacenterdynamics.com/en/news/nokia-spins-off-space-communications-venture-modul8/

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It seems like Finnish channels have gone completely silent, and our :finland: Noksu is at €9, which is a fact, at least for now. This is probably against most people’s expectations, as “it has risen” so much already. No portfolio managers are patting themselves on the back, no headlines in the tabloids. Quiet? On Wall Street :united_states:, on the other hand, it seems the buying spree is still going strong. Was the technical picture such that after €9, there were no more resistance levels until some distant height, like in the 2000s?

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