Many have asked me where Oracle’s strongest technical support zones are...
Actually, no one has asked — but I’ll answer anyway. 😄
Strongest zones:
240–260 → where the price is currently trading
185–215 → the next major demand area
If you plan to start building a position from today’s price levels, be ready to commit — the average entry point could end up around the $200 region.
That $200 zone is technically stronger, but there’s also a fair chance that if you like the stock fundamentally, you might never get the chance to buy it there.
As always, the choice is yours!
Good luck!
Actually, no one has asked — but I’ll answer anyway. 😄
Strongest zones:
240–260 → where the price is currently trading
185–215 → the next major demand area
If you plan to start building a position from today’s price levels, be ready to commit — the average entry point could end up around the $200 region.
That $200 zone is technically stronger, but there’s also a fair chance that if you like the stock fundamentally, you might never get the chance to buy it there.
As always, the choice is yours!
Good luck!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.