ORC trade ideas
ORCLPrice is just about to break above the longer term descending trend line. Additionally, this stock is also within hedgefunds top 50 shorted stocks in Q2 2016, coupled with a nice reverse head and shoulders I target a run up to 46 if price manages to close above the descending trend line on a daily chart.
Bullish OracleStochastic created two divergences simultaneously.
There is a ~75% chance of price following the stochastic this time.
If it does, expect the price to trade in the box given.
So be bullish on Oracle.
Potential Long-Term Gartley (WIP)This is more of a "Concept". I am a complete newbie, just looking to validate the concepts of these patterns. Please feel free to comment and critique. I would appreciate the feedback.
Oracle // Bullish Cypher @33.46$ / IF=THEN ®NYSE:ORCL
"Cloud competitors have their eyes on Oracle as the company continues to rapidly build out its SaaS and PaaS product offerings. To put this in perspective, Oracle’s human capital management (HCM) SaaS product secured three times as many new customers as competitor Workday’s similar HCM product. This focus on the cloud has led Oracle to expect approximately $1.5-$2 billion in new SaaS and PaaS purchases this year alone. Oracle’s SaaS and PaaS revenues experienced a 54% increase last quarter as a result of the shift of 95% of its services to the cloud. While the cloud has been gaining traction, it hasn’t been enough to offset weakness in Oracle’s bread and butter software licensing division, which dropped 16% last quarter. For that reason, Oracle has not been able to beat analyst estimates on the bottom-line for the past eight quarters, missing in five of those quarters and meeting in the other three. Revenues have been even worse, missing expectations in six of the past eight quarters. Year-to-date the stock has dropped nearly 15%."
Report Wednesday, December 16;
Information Technology - Software | Reports December 16, after the close.
The "community" consensus calls for EPS of $0.61, in-line with Wall Street. Revenue estimates are also quite close, with the "community" calling for $9.113B and the Street slightly lower at $9.094B.
Safe trades;
ORCLTaking a stab at buying ORCL based on a daily and weekly chart.
Ultimate target is $40. I am hoping this 15 minute chart will move in that direction.
ORCL- Undervalued and UversoldWatch ORCL ..... this stock is currently classified as an undervalued stock because it has an intrinsic value around $47.34 based on Vuru Analysis, all technical indicator that I used (Stoch,CCI and MACD) show that this stock is in condition of oversold. Wait a good momentum to buy.
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(LIVE TEST) - STEVE PRIMO #4 SETUPS (DAY 7)HLF - Triggered Long Yesterday. watch if it walks up to the target.
ORCL - Showed up on my scan, Not here. Gotto check where the mistake is.
PG and UPS - two fresh short setups
Bullish On ORCL1. Bullish Engulfing+Bullish Divergence
2. Bounce on Fibs 61.8
3. Primary Trend Sideways
4. Intermediate : Bullish, Minor Bearish
ORCL - wisdom in strategy selection meritedPotential Bull call Dec position looks attractive after break of $39.50. Both Strikes OTM below $42 would seem logical.
I think the movement will continue within current trends.I think the movement will continue within current trends.
Oracle Technical Analysis: Bearish Reversal Ahead!Technical Analysis: Oracle Looking bearish on the weekly chart:
-Completed a head and shoulders topping formation
-Broken below 52-week long term average
-One year plus rising trend line was taken
-Breakout accompanied with pick up in volume levels
I am looking for an initial target at major broken resistance at 36.40, should turn to support now. Lets see how things unfold.
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My best regards,
Technician
Oracle Corp Daily (14.08.2014) Technical Analysis TrainingThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis Training shows the following:
The ORCL share after some consolidations finally got itself under the KUMO. The weekly diagram is turning slowly to bullish and it is above the KUMO. The monthly diagram is weakly bullish too.
MACD is marginally bullish and RSI walks the 50. The volume is moderate.
There is no special candlestick pattern. The share is under the KUMO and it is below Kijun Sen (blue line) and Tenkan Sen (green line) too.
I suggest to stay aside because the bullishness is weak under the KUMO and the volume is less than the usual.
Long in a case of breaching the Kijun Sen today at close.
Oracle Corp Daily (29.07.2014) Technical Analysis TrainingThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis Training shows the following:
The ORCL share after some consolidations finally got itself under the KUMO. The weekly diagram is bullish and above the KUMO. The monthly diagram is bullish too. MACD is bullish and RSI walks above 50. The volume is moderate.
There is no special candlestick pattern. The share is under the KUMO but it is above Kijun Sen (blue line) and Tenkan Sen (green line) too.
I suggest to stay aside because under the KUMO the bullishness is weak and the volume is less than the usual. Otherwise hold as long as support line holds.
