ORCl is inside of a big rising wedge which is a bearish pattern, and inside of which is a smaller rising wedge. A day before we had the Doji indecision candlestick pattern and today we confirmed a drop, therefore, it got a sell signal.
Volume is not confirming price action as it is below 20 days., It is above all major MA which could be bullish. RSI is in overbought territory and has strong bearish/negative divergences which are bearish and could indicate sooner than later correction. MACD also has strong negative/bearish divergences.
Overall: ORCL is in a big bearish pattern which break could cause a major fall in price. In the case of a further drop, ORCL has to find support at the downtrend line otherwise could be fast and nasty. Because of price action, volume, and RSI and MACD negative divergences, it got a sell signal.