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Nokia (NOK): Thick kumo resistance and gap down

 

Nokia fails to break through the thick kumo resistance despite rallying from a low of $7.80

On top of the resistance, the chart now shows another negative outlook for Nokia with the gap down yesterday.

The gap down will mean immediate resistance is at around $8.80 to $9.00

Most likely, we will also see Nokia (NOK) heading towards its March lows.