ORCL show an engulfment pattern
This chart shows the weekly candle chart of Oracle's stocks over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, the high points of Oracle's stock in June of this year and this month formed a small level double top shape, and were suppressed by the 3.414 digits of the golden section at the bottom of the figure! Although the weekly chart of Oracle's stock has not yet closed, it has now shown a large-scale engulfment pattern, completely engulfing the gains of the past three months!
This chart shows the weekly candle chart of Oracle's stocks over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, the high points of Oracle's stock in June of this year and this month formed a small level double top shape, and were suppressed by the 3.414 digits of the golden section at the bottom of the figure! Although the weekly chart of Oracle's stock has not yet closed, it has now shown a large-scale engulfment pattern, completely engulfing the gains of the past three months!