ORCL Long-Term Bull, ignore the noise from CRM and MDB
Updated
Just a few days ago, ORCL was WS's darling. But suddenly, CRM software revenue was missed, vital guidance was absent, and Database MDB's soft earnings were lost in this high-expectation environment. Then, the macro environment around rates and inflation was ongoing.
All this is noise; ORCL is turning into a mini Microsoft, a cloud and Software company. Its cloud segment will shadow everything else.
My target is 140 by July and August, but before that, it can test 105 in the worst-case scenario. Please consider the validity of my other ideas so far in the recent timeframe.
Disclaimer: I am on the Call for July 130, a long, cheap contract.
All this is noise; ORCL is turning into a mini Microsoft, a cloud and Software company. Its cloud segment will shadow everything else.
My target is 140 by July and August, but before that, it can test 105 in the worst-case scenario. Please consider the validity of my other ideas so far in the recent timeframe.
Disclaimer: I am on the Call for July 130, a long, cheap contract.
Trade closed: target reached
My Target reached and breached to the upside. Happy for whoever followed me.
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