The 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.
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.
