Oracle to breakdown?

NYSE:ORCL   Oracle Corporation
Oracle - Expires 17/4 (30d) - We look to Sell a break of 81.98 (stop at 85.22)

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Broken out of the channel formation to the downside.
Previous support at 86.00 now becomes resistance.
A break of the recent low at 82.04 should result in a further move lower.
The bias is to break to the downside.

Our profit targets will be 73.88 and 71.88

Resistance: 86.00 / 88.00 / 91.22
Support: 82.04 / 79.00 / 78.06

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