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ContraryTrader

Oracle Next leg down

Short
Oracle Corporation (NYSE:ORCL)  
ContraryTrader  
NYSE:ORCL   Oracle Corporation
Support and Resistance Trend Lines
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0
supportandresistance trendline
Divergence on MFI and RSI daily. Oracle is a strong stock but I doubt we breakout of the megaphone during this correction.


Entry below 91$
Stop loss 93$
Strong visible support near 88$ so that's where I'll make my first target.
second target is megaphone bottom around 83$

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