NOK has reached the boundary of the downtrend, also it is near the highs of February 10 and near the strong support/resistance zone at $4.3-4.4. There was a strong gap up from the EMA200 . Locally, the paper is in the oversold area. There may be a correction to EMA200 ($4), but with favorable external factors and confirmation of downtrend break-down I see the growth to $5.1 . Price Targeting for the paper based on the estimates of 15 analytical teams at $4.75, and 6 analitics teams recommends it as StrongBuy
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All ideas only for information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.