Yeah, but a surge like the one we saw with Bittium or Qt would certainly be welcome. However, I don’t think a surge of that nature is going to happen for Nokia, unless an M&A offer hits the table. Of course, in that case, +35% wouldn’t necessarily be enough. The time spent waiting is always long.
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I suppose it’ll come from there, just as unexpectedly as the spring rally; Bitcoin also seems to have been 15% higher back at the end of May, so it’s only just crawling back.
If more of those Indonesia-type deals keep popping up, through someone like HS, then it’ll really start fighting for an uptrend 
Things are interesting here
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Yeah, I agree with the content of that link. The upper edge of the pipe—or actually the upper edge of the falling wedge—is being tested. And because it hasn’t broken through yet, it has underperformed its peers. But maybe today; at least it seems like there’s a good vibe building up for the end of the week.
Here is that same version in a simplified format.
Here is one more chart for those playing the “long game.” In my view, the €14.50 area (currently) is the litmus test in a bull market.
That red trendline (€24–25) would be a quite nice optimistic target level in a blue-sky scenario.
Edit: Once again, it started rejecting the resistance level.
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Instikka’s ownership did indeed drop by about 8 million shares in July; not much else has happened in that regard since May. In May, it increased by over 100 million shares. Of course, a similar trend was seen in the spring: a 300 million share increase in February, followed by a fairly steady -10 million until May. If the mini-trend continues, the buying should resume in August.
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The Yanks are selling off as usual, but let’s hope for a turnaround later.
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It’s confusing how Nokia has lagged behind its so-called US peers over the last month. There hasn’t necessarily been anything fundamental happening here, other than “USA First.” Well, with the valuation gap being so striking, it shouldn’t be a tough nut for the M&A guys to chop it up and stack it.
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