The world's two largest smartphone manufacturers are being drawn to the center of the trade war.
Nokia's story is a sore one for shareholders.
Nokia shares could move higher if its key competitors are cut out of the West.
Volume in the tech stock has surged as prices rallied and shrank as prices retreated, which is a pattern technical analysts like to see.
After a retest, CY could be ready to rise.
A more cautious approach may be needed in the weeks ahead.
Bearish analysts may call the rally from late December 'short covering' but that may not be true.
Let's look at some new charts and see if the worst is over.
Consider going long Nokia.
The firm forecasts growth in revenue of 3.3% in the year through March 2019, and a 9.7% increase in operating profit.