ORC trade ideas
I'll keep an eye out.They're mostly into software and enterprise hardware.
Or rather into premium support packages and shit hardware.
But you can't deny they've been doing pretty well.
I can't see any model that would allow for them to sustain this growth. If I'm wrong I'll consider buying a dip eventually.
$ORCL - rebound potentialEvaluate potential recovery on ORCL
if GS (goldman sachs) and JPM (JP Morgan) get 360 on SPY by EOY, like they want (and they typically get what they want) then this rebound is totally feasible.
However, if we have learned anything, it is that trading based on trend and technical analysis in 2020 has uncovered uncharted territory. In order for the market-manipulators to make money, they have resorted to exacerbating their tactics in retail, and they are winning. This creates a bumpy road for average/new traders, who must to adjust their strategies to match the manipulation.
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.
Orcl LongIt is very reasonable to say that ORCL will retest, gaining momentum from the support level and shooting for 61-62
oracle big profits wait for youoracle after crossing claster1 and crossing the next one it can be a good entry point
go big for big profit
like and follow if it was helpfull
Huge Buy position on OracleAfter breaking the long term chart pattern, price has been touching the support for too many times, if the entry area breakouts with a pullback it is going to be a great buying position with considering SL and trailing stop for TP.
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
DAILY ANALYSIS OF ORACLE CORPHi friends
the daily chart of this market shows with a high probability that it will experience an upward trend in the next few days but also you must be vigilant of the change from the direction to the opposite
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ORCL chart prior to president's announcement regarding Tik TokHeavy consolidation waiting on decision from President Trump regarding Tik Tok
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 LONG (but wait for bottom of channel!)ORCL and TikTok deal possibility makes this a bit interesting. Bullish trend with channel shown with strong support and resistance levels noted with arrows. Heavy green/red arrows show U-turns at the channel. Smaller red/green arrows show early U-turns.
Fib extension shows chart has already broken the $53.85 extension resistance level with next resistance at $63.45.
Wouldn't buy right now but would wait till at bottom of channel around $51.85.
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
V CUP Rising WedgeORCL has broken upper trendline of the RW and it is possible to break up from a rising wedge pattern. Just be careful and keep a stop.
I see support at prior gap down, at handle low and very strong support from a previous high at 46.5ish
A break up from a rising wedge pattern can show weakness within 2 weeks
NV is high/Volume today is high
Trade safely
Not a recommendation
$ORCL - temp gain Buy the hype and sell the news
this will die down but the $60 range is maintainable end of Oct / early Nov
