ORCL TIKTOK Rumors may push for a break out of falling wedge
ORCL has been consolidating lately but new fundamentals elements may push the price to break out of the falling wedge that it is currently consolidating in.
Technicals:
RSI looks healthy, MACD making golden cross.
Consolidation inside of falling wedge(near breakout)
Fundamentals:
TIKTOK acquisition rumor
Note:
Wait for confirmation of breakout to be safe.
Technicals:
RSI looks healthy, MACD making golden cross.
Consolidation inside of falling wedge(near breakout)
Fundamentals:
TIKTOK acquisition rumor
Note:
Wait for confirmation of breakout to be safe.
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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.
Disclaimer
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.