Bizcommunity is the most recent addition to the “MoJo” campaign in South Africa. South African University WITS’ jounalism students are also benefitting from the project with a Nokia N95 8GB and special accessories, as previously reported.

Press release available after the break.

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Instead of the previously announced Nokia N73, N93, and N93i addition to NGage application support, it’s these three upcoming mobile phones that are added to the compatibility and support list of Nokia’s gaming platform. It is no news that N96 and N78 are part of this league, but 5320, being an XpressMusic device, surprises me.

Source: All About Symbian

Few days ago I had posted a trade gain of 11% at Nokia, playing at the same time with the results of that company (which is dangerous but the results normally follow the trend, that’s why I love technical analysis). At that post, Matthew from NSeriesus asked why we talk about stocks in a phone related website. The reason is simple: As I trade in the stock market I could help Meraj improve other areas from this niche (mobile phones) so that we could diversify our themes and have also a different audience, such as people who love Technology stocks!

Back to the Nokia Analysis…We have been observing consecutive little Gaps on the daily price, which lead us to conclude that there is indecision, also, the volume on this uptrend is a diminishing one, showing that the bulls might NOT be strong. In the same view the main and primary trend is lower, the longer term moving averages are lower, and the stock is resisting at 27,90 (23,60% of fibonacci). So then, my advice is to wait until it proves the innocence, which means, wait until you see if there are a reaction in the 50 day Moving Average, which again means, there might be a possibility of retraction through 26,38 - If you are able to, you can simply short it! Also add a stop loss over 28,38 in that trade.

If you are a passive trader, wait for that reaction at 26,38…be passive, because the short term trend still up and we don’t want to discover tops or bottoms; we want to follow the trend. That’s it!

Few days ago, on 15th and 16th June I wrote a post giving you a buy signal at Nokia (NYSE). In the next day the shares spiked up 8,67%, a very nice gain with those 2Q results above the expectatives.

According to that, yesterday my system gave a buy signal to Nokia, off course it is based on a money management way to take profits and cover the other positions. If you are an aggressive investor, you should close the other trade at Nokia and open a long trade - 24,70 is a good price

This was what I said on the last post.

If you really bought Nokia at 24,70, you are making 11,38%, which is truly more than what the annual fix deposit gives us.

The next thing you have to do is to increase your stop loss to a value below the 50 day Moving Average, something between 26,50 and 25,78. Anyway, you made profit!!!

Motorola (NYSE) shares are also up, but I would only buy them above 7,70!

Yesterday I gave a tip to buy Nokia. I didn’t had much time to explain the main reasons for that, but in fact it is totally related to diversification. As you might know, I have been advising to sell Motorola stocks, to sell short Sony and others like Nokia, but now we have came to such a level of oversold market that we need to grant our profits. If you followed those signals I gave you and if you had diversified your money on those stocks equality, you should have profit more than 10% - I did.

Now it is time to ensure that you will remain with your profits, but at the same time guaranteeing that you won’t lose any other market opportunities.

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