ORCL sell the news on this rally! Breached an all time high running out of steam. As most traders know a new ATH is heavy resistance, and we usually "check back" underneath this level once breaching in some cases they will go higher (after a correction). This combined with screaming overbought indicators name your favorite, it's a SELL. First target is $183.64 then it should fall below $183. I would not be surprised to see a complete gap fill before this can print another new ATH
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.