Does Oracle go up?NYSE:ORCL Second candidate to buy on Monday. The stock looks good in the market and just as AMD rose after a strong downfall. The paper gained 3.9$ in two days - quite a good result . There is a strong mirror resistance level formed by the price gap ahead of us. Naturally, from the first time we failed to overcome this boundary on March 26. Then we tried it again on the 27th. A false break-up made the shorts' defensive SLs work. As it should be, after the false break-down, the price went down (the price should go up, you can say fair enough, because the SLs of the shorts players have triggered. You will be right and wrong at the same time, I can tell the logic of a false breakout in a separate post if someone interesting). It is fair to expect another close retest of $50.8 on Monday. According that we're in "+" at the post-market, this adds to our mathematical expectation. If the price fixes above the level, I will buy it long. Guys, if you have any questions - just ask. ) Take care! Longby AllexMlUpdated 772
ORCL Hits Perfect Log ActionORCL matched the long term bottom of logarithmic action. Look for it to trade back up to $63. 1 Yr Price Target: $63Longby TJKerins3
$ORCL - Consolidation for Breakout Imminent ORCL is going up... or down :) I prefer to buy this stock so I'm waiting for a strong breakout of the descending TL with my entry on the chart. My 1 year price target is at $65 if that lower TL holds. If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!Longby chartsareforshipsUpdated 445
ORCL forming symmetric traingleIf bulls break the upper side of the triangle then it is obviously a large breakout that can happenLongby whiteleppard3
ORCL getting stuck againORCL hasn't been able to push past the daily resistance level but looks like its finding support again. Watching momentum.Longby WBG204
Potential buy signal on ORCLWatching the 14MA and SAR after sell off from earnings, looking for confirmed buy on momentum indicators. Price target on chart.Longby WBG203
$ORCL Trade setup for OracleEntry level $57.4 = Target price $61.63 = Stop loss $55.73 Oracle Corp. engages in the provision of products and services that address all aspects of corporate information technology environments. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers applications, platform, and infrastructure technologies. The Hardware segment provides hardware products and hardware-related software products including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware related software, and related hardware support. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner and Edward A. Oates on June 16, 1977 and is headquartered in Redwood City, CA.Longby Bullishcharts38
ORCL looking good for a short opportunityMy indicators are all lined up, looking good for a short.Shortby mattisbaseball5
ORCL short term buy- ORCL making its way up after bouncing off in current channel - Good support on daily from 50MA and 200MA - MAAR converged last week into bullish break yesterday - RSI trending up - Looking for buy-side volume to increase and push ORCL to $58Longby WBG204
ORCL - A Bullish Future?The stock has created a symmetrical triangle pattern since the beginning of June. Also mixed into this pattern is an earnings gap halfway through the month. The price has continued to trade within this gap range but the consolidation has led to the stock price moving out of the triangle pattern. The recent pullback, while remaining in the gap zone, is now testing the previous triangle resistance line as support. The stock is also exiting an oversold position. I have two Fibonacci Extension levels targeted. The 61.8% & 100% levels are noted by the dashed green lines should the bullish move continue.Longby Chartimistic552
$ORCL On way to challenge all time highs.Entry level above the 100ma @ $55.60 = Target price $60.00. Rising 200 & 50 Ma's are rising and the stock has bounced off them as per usual. Buy-side volume increasing. RSI in strong uptrend. Stochastic has reset and moving higher. MACD looks set to reverse away from zero line, while histogram ticks higher. Longby Bullishcharts22
It reads like Amazon!I think we are headed for a red week or 2 in the US markets. Oracle broke both Kijun and Tenkan in the past two weeks on the Weekly. I would expect a 3rd red candle here. On the Monthly it broke the Tenkan giving an alert for bullish momentum lost,this is reminiscent of Amazon on the monthly as well. The 1st price target is the monthly Kijun which is weekly SSB. The 2nd target is a monthly flat Tenkan area below the Kijun. Entry: 2 small position @54.17 SL: 56.46 TP1: 51.39 TP2:47.97 NB: If you dont manage your risk it will manage you!!Shortby taftrader5
ORCL Long Term Range Bound?ORCL looks to be in a long term logarithmic range. Potentially a good trading stock for the next 10 years between 50 and 73. Happy Trading. ORCL Longby TJKerins6
ORCL technicals at resistance level with earningsTechnical Analysis On June 20th, we started and important channel, and we are back at this level at $55.5 Since this date, we have a slight RSI upward trend, with an even bigger OBV uptrend. Fibonacci retracement level at 50% Important dates Earnings will be announced Thursday September 12th, after the close.by dorfmanmasterUpdated 2
$ORCL Next Earnings could hit $63There is nothing stopping $ORCL breaking the into the 60's when the market opens. Target $60 - $61 and take profitLongby eaojnr02024