NOKIA DID IT AGAIN..
…yes, made a new low after a very disappointing negative profit warning. Frankly speaking, I was surprised that they did give the warning this late.
Let’s take a look at a weekly NOK1V chart. The picture tells pretty much the whole, sad story about once a company that was market leader. There is not much to say here, Q1 will be released soon and the chart does not promise any trend change anytime soon.
NOK1V weekly chart.
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