ORCL
ORACLE : PRICE ACTION 1D TIMEFRAME - PRICE READY TO FALL ! 🔔Hello Everyone ! ! I hope you'll Appreciate our Advanced Analysis on Price Action !
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Strategy : BEARISH ABCD PATTERN
Have a Good Take Profits ! ! !
Long ORCL Solid company, lots of customers and low P/E. Many not huge growth potential with new and better competitors, but it is a good value stock to own some!
Wedge Breakout - Initial Target $38 - $100 by MarchPer my previous publication on the wedge structure that LINK was trading in - LINK has officially broken out to upside and will continue to first target of $38 where it can either consolidate or continue to higher upside targets of psychological $40, $50, $60 levels .... could impulse much higher but my March $100 target remains on schedule.
Considering the massive fundamentals in LINK from providing the DeFi space with literally everything it needs to function properly to winning Plasma (PolkaDot's) latest endorsement with a full integration - there are much more bullish news items to come.
Read my previous idea on the wedge structure here:
LINK Pitchfork Mid-Line target of $100 by MarchLINK is still massively undervalued and the Pitchfork shows this out. The mid-line alone still has LINK in the $100 range by March.
If you don't think this is possible in LINK then I suggest you take a look at UNI's chart when it moved from $3 to $20 in the span of a couple weeks. Considering the spate of recent news out in LINK from:
1) NASDAQ ETF - www.theblockcrypto.com
2) China's BSN network integrating LINK on Mainnet - medium.com
3) Kraken launching a full LINK node for DeFi price feeds - www.theblockcrypto.com
4) Oracle Corp Executive confirming to me on twitter that they are still collaborating with LINK team on the project "Every Startup in the Blockchain with ChainLink and Oracle Cloud"
twitter.com
The TA and the Fundamentals are strongly aligning for a massive move in LINK coming in the next 2-4 weeks. Stay tuned!
ORCL Corporation Investor Presentation on Integrating LINKIt's only a matter of time before a major F50 Corporation such as ORCL publicly announces a full integration LINK "publicly", just as it was a matter of time for BTC and TSLA (and additional F50s) to eventually announce using their balance sheet to invest in BTC .
twitter.com
When a F50 corporation finally publicly announces a full integration of LINK - LINK will melt faces and my short-term $250 price prediction will look conservative for LINK
ORCLBull Flag Idea. I would Buy on breakout $64.00 with a stop loss at $62.60 and take profits at the fib extensions . If breakout is hit within the first 30 minutes of market open id wait for a break of that 30 minute high to buy to avoid possibly getting faded to the downside after open. If it takes off running at the open and explodes higher i wouldn't chase it and idea would be void
ORCL, FIRE Setup. Watch for breakout for 5th Wave, Bull FlagPerfect 4th wave retracement, Bullish flag forming while RSIs are low
ORCL WEEKLY CHANNELORCL has set a perfect channel can be seen between the green lines. If it can be succeded to break the first resistance, it may target the second resistance which is the second green line. Red line is support line.
ORACLE CORP. SHORT📉 NYSE:ORCL SHORT H4
🛒SELL BELOW = 59.05
🎯Target1 = 57.35
🎯Target2 = 56.20
🎯Target3 = 54.50
🛑Stop loss or cancel trade = 61.90
🙈Recommended risk = (1%-2%)
#ORCL #ORCLSHORT #SHORTORCL #ORCLSELL #EAORCL
+$3010 today with 2/3 wins Hi Guys,
Won in WKHS & $PTON which were on the watch list and lost in $ORCL which was not!
+$3010 for the day,
Enjoy,
Enda
ORACLE SPECULATION $60 BILLION (TIKTOK DEAL)ORACLE SECURES DEAL WITH TIKTOK JUST AS TRUMP BAN IS INITIATED. TIKTOK NEW VALUE REPORTED TOWARD $60 BILLION.
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The stock currently sits below a possible future support at $60.5, Moving forward we need a break and close before I even think of entering.
Watching the orange trend lines as support and resistance, it holds strong on the weekly timeframe .
Possible buy on a break and hold of resistance @ $60.5.
Upside targets: $$63.63, hold beyond at your own risk
Possible Short Entry if break and hold below $57
CAUTION: I hate playing news, this Tiktok bs is getting out of hand. Play at your own risk
DotcomJack | Michael Jordan of Stonks
Oracle Tik Tok Deal NOT finalized, proceed with cautionTik Tok and Oracle deal not officially approved by Trump yet. Government overall concerned that Oracle only wants a partial ownership (20% I think), and is not outright buying all the software like Microsoft had planned to do. Bytedance will still be majority shareholder, overall this deal could fall apart quickly, so be careful with overall share prices severely overinflated and overbought. Copyright Rohan Karunaratne 2020
ORCL to 70+ next few weeks?* one view here is an inverse head and shoulders with a neckline at either 55 or 60
* another view is just a cup-n-handle formation with a clear break to the upside
* obviously tiktok deal cements their advertising business; are they transitioning to an advertising company? (dont forget they bought bluekai. could there be a re-valuation, like we saw with aapl?)
* implied volatility in the options market seems very depressed.
* expansion of bollinger bands suggests an increase in average implied volatility could be coming and prop up longer dated OTM options
* clear break to new highs from lengthy base
* appears to be forming bullish flag after recent break to new highs
* imo, one of the most solid looking charts out there
* I am playing this with the following positions:
55 oct16 call
55 jan2021 call
85 mar2021 call
ORACLE CORP WINS TIK TOK DEAL (ROCKET TIME)TikTok has reached an agreement to sell its U.S. operations to software giant Oracle, a landmark deal that could redefine how the U.S. and China square off over the reach of their homegrown technology companies.
Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.
News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle reportedly winning the bid to be a technology partner instead.
President Trump signed an executive order August 6th blocking all transactions with ByteDance, and the order demanded an American company purchase TikTok’s US business. The EO was intended to take effect within 45 days, although the president later signed a follow-up order giving ByteDance 90 days to sell or spin off TikTok in the US. This does not supersede the original deadline, though. As Department of Commerce secretary Wilbur Ross told The Verge: “Per the 45-day period outlined in the Executive Orders, the Department of Commerce is operating under a deadline of September 20th.”
An inverse or reverse head and shoulders pattern is also a reliable indicator which can also signal that a downward trend is about to reverse into an upward trend. ... The final rally after the third dip signals that the bearish trend has reversed and prices are likely to keep rallying upward.
ORCL breaking out of rising wedge amidst TIKTOK rumors ORCL breaking out of days long rising wedge with TIKTOK acquisition rumors coming to a close between ORCL vs. WMT and MSFT.
ORCL is at High of Week so it's hard to determine a target. My personal price target is 60.
Set a trailing stop for this one. Break above descending upper trendline has been confrimed. Now we wait for Monday.
