NOKIA VOLATILE TO RISE
The Finnish company NOKIA (NOKA) has shown a lot of volatility in recent times.
Still, at least for the moment, we have no sign of weakness within the current range of prices. Increasing minimum and maximum are there, which is what really matters. In the short term, we can not rule out some additional correction but it is certain that, in that it does not pierce the last growing least or minimum reaction in 6.90 euros there is nothing to worry about.
The corrections to the level between 6.90 and 7 euros, weekly closure, are the ideal time to take advantage to open bullish positions.
The first objective of increase is in the resistance of 7.90 euros.
Recently the Finnish company Nokia (owned by Microsoft) announced the purchase of all shares of its French competitor Alcatel-Lucent in a transaction valued at 15,600 million euros.
The transaction will be carried out through a public offer of exchange of shares between the two companies, so that the shareholders of Alcatel-Lucent will receive 0.55 shares in the new company for each title of the former.
Nokia will get 66.5% of the combined group and Alcatel with the remaining 33.5%, creating a giant with about 114,000 employees and 26,000 million euros turnover.
The new company will be called Nokia Corporation, will be based in Finland and will be the world’s second largest manufacturer of mobile phone networks in terms of market share, behind Sweden’s Ericsson.
Read more:
http://company.nokia.com/en/investors
http://www.alcatel-lucent.com/investors
ALCATEL-LUCENT MOVING TOWARDS MAXIMUM
ALCATEL presented recently at the Mobile World Congress in Barcelona, his new mobile phone and many anticipate a great commercial success.
The OneTouch Idol 3 is revolutionary for its innovative design and the ability to be able to answer calls in either end.
It is the first mobile phone in the world fully reversible, as described the company.
ALCATEL-LUCENT (ALU) closed the week with a very favorable scenario.
The weekly graph of the negotiation the securities from French-American technology, confirmed a pattern of continuation of increases with an upward engaging candle.
The most important from the point of view of technical analysis is that after overcoming the resistance presented in early 2014 maximum, the title back to continue the impeccable succession of minimum and maximum long-term growing.
For those who are not at the title and still want to follow the ups, the ideal would try to open long positions in future amendments that may do the title search levels around 3.40 euros (typical moving ‘throw back’).
The climbs so intense and “excessive” should be corrected in the next session and will be from there that arise placement opportunities for high.
The objectives should be maximum 2011 in the € 4,242.
Read more:
http://www.alcatel-lucent.com/investors
http://www.marketwatch.com/story/post-earnings-report—alcatel-lucent-2015-03-10
bewayopa 
Recent Comments