ORC trade ideas
(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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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.
ORCL: Failed Bear Flag to the Upside ORCL is in a bear flag. but with that being said the chart is in an overall uptrend. Enter as the trade breaks out of the trendline then add once more conformation is gained when each decending high pivot is broken shown by the brown lines. These failed bear flags when triggered to the upside tend to retrace the down move about 80% giving us our target of around 42.35
Oracle Corp Daily (19.07.2014) 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 bearish. The monthly is under a local top until now. MACD is bearish and RSI is near 38. The volume is as more than usual on declines.
There is no special candlestick pattern. The share is under the KUMO and with these declines is under Kijun Sen (blue line) and Tenkan Sen (green line) too.
I think that there is a SHS pattern. I cannot place a fib measurement. Head of pattern to neckline shows a projection to EMA 200 if it break the neckline.
Oracle Corp Daily (09.07.2014) Technical Analysis TrainingThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis Training shows the following:
The ORCL share has made a long term development with the support of the trend line (light blue). This support line was over the KUMO, which means that the ORCL was bullish in long term. The weekly diagram shows bearish. The monthly is on a local top until now. In the daily diagram the share consolidates in the KUMO from Top to Bottom.
MACD is bearish and RSI is near 38. The volume is as usual.
We have no special candlestick pattern. The share is in the KUMO and with this declines is under Kijun Sen (blue line) and Tenkan Sen (green line) too.
There is no special pattern. I cannot place a fib measurement.
The strategy here is to stay aside until the share choose its way against the KUMO. Long above the KUMO short under it.
Oracle Corp Daily (02.07.2014) Technical Analysis TrainingThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis shows the following:
The ORCL share made a local bottom in the KUMO cloud that means that $40 is a support for the share.MACD is trying to change the trend but is bearish under the zero line and RSI is near 46 towards to 50. The volume is less than the usual.
If the share keep going uptrend, the top of KUMO and Kijun Sen are the next resistance. I think that wait and see is the right strategy with some bullish thoughts of course.
Oracle Corp Daily (23.06.2014) Technical AnalysisThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis shows the following:
The ORCL share has made a long term development with the support of the trend line (light blue). This support line was over the KUMO, which means that the ORCL was bullish in long term. The weekly diagram shows marginally bearish. The monthly is on a local top until now. In last Friday after earnings went out the share declined 3.98% BUT it closed on higher high of the day trading with 4 times the usual volume.
So the first think in mind is that the next week is the key for next trend. The stock in Friday close almost on its higher high (intraday). MACD is bearish w/divergence and RSI is near 38. The volume as I said was 4 times the usual.
We have no special candlestick pattern. The share is in the KUMO and with this sharply decline is under Kijun Sen (blue line) and Tenkan Sen (green line) too.
There is no special pattern. I cannot place a fib measurement.
So I think that the critical point is next week’s movement. If it gets out of the KUMO the bullish trend will be here again. Stop loss under the KUMO.
I think that the bullish trend will be back again.
Oracle Corp Weekly (23/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs:
The Price of ORCL made a weekly long movement last week over the Tenkan Sen and closes at its highs. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. There is no bearish sign there.
I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target as I mentioned two weeks ago. Consider that the reversal pattern show a price target at $46.98.
Oracle Corp Weekly (22/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs:
The Price of ORCL made a little weekly short movement last week over the Tenkan Sen but it is like a Hammer. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target as I mentioned last week.
Oracle Corp Weekly (21/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs:
The Price of ORCL made a Long movement ($41,31 to $42,15) with a green candlestick last week over the Tenkan Sen and continues the bullish trend. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target.
Oracle Weekly: Ascending triangle or consolidation range?Either way, a breakout will be super important.
