Stock has been weak since Ericsson comments and miss...Nokia is reporting tomorrow...we see some profit taking ahead of that but move like overdone...there is also some fast money playing th potential interest of Nokia for AlcatelLucent that could be down play tomorrow...
Stock is testing important support level today, volume are important today but in line with average, the all move last week was a low volume compared to the last few weeks except Thu. On Ericsson announcement....
I will have a look to ALU here as it's still a good story and even if Nokia is not talking about a potential deal tomorrow, there is still some upside from here