Jul. 14 at 1:28 PM
$NOK Last July went down 7.5% on ER. Right now, IV for ER is +/-6.4% (still 10 days before ER, so, the number could change).
That said, chart is pointing to the downside, or better said, is pointing at the stock going down to test 200SMA at
$4.78. If it bounces there (if goes there) could be a decent place to buy, but, like i said, the ER is coming and those guy always fumble the ball.
Probably i'll buy at
$4.78 or below, but not willing to risk a penny buying now.