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 turning slowly to bullish and it is above the KUMO. The monthly diagram is weakly bullish too.
MACD is marginally bullish and RSI walks the 50. The volume is moderate.
There is no special candlestick pattern. The share is under the KUMO and it is below Kijun Sen (blue line) and Tenkan Sen (green line) too.
I suggest to stay aside because the bullishness is weak under the KUMO and the volume is less than the usual.
Long in a case of breaching the Kijun Sen today at close.
The ORCL share after some consolidations finally got itself under the KUMO. The weekly diagram is turning slowly to bullish and it is above the KUMO. The monthly diagram is weakly bullish too.
MACD is marginally bullish and RSI walks the 50. The volume is moderate.
There is no special candlestick pattern. The share is under the KUMO and it is below Kijun Sen (blue line) and Tenkan Sen (green line) too.
I suggest to stay aside because the bullishness is weak under the KUMO and the volume is less than the usual.
Long in a case of breaching the Kijun Sen today at close.
