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EquityCast

Oracle is a Short

Short
Oracle Corporation (NYSE:ORCL)  
EquityCast Updated   
NYSE:ORCL   Oracle Corporation
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Strong company fundamentally. However, the head of a potential head and shoulders is forming. Nothing goes up in a straight line. Nothing. I'll be looking for a short here in the next 1-3 days. A few keys levels added in. Happy Trading.
Comment:
Red day for Oracle. Bearish to the neckline.
Comment:
Missed the $ 96 short today. Watching more closely this week.
Comment:
Now at the neckline. I would like to see a bounce to form a right shoulder for a short entry. No position yet
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