Nokia update.
ADR. Short description.
In my opinion, a corrective wave (A → C) is underway on the daily chart.
Same short description, Helsinki.
In the longer chart, there is uncertainty whether it is wave 3 or wave 5 that is underway. But in any case, once both are complete, it will be the turn of the corrective wave. Nokia’s corrective wave seems to be very strongly linked to the general market sentiment, rather than due to company-specific reasons.
And again, I may be wrong, so everyone should do their own analysis. The Helsinki chart shows my target at the Fib level, but it is not set in stone - with current thoughts, my range is €5.60-6.00.