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Boring_Trader
Jul 2, 2022 4:24 AM

ORCL 

Oracle CorporationNYSE

Description

Oracle had craved a series of higher lows since the June 2022’s low of $63.67. However, this upward momentum has been resisted by the $71.20 level. Oracle may attempt to test the $74.84 if there is a daily close above the $71.20 level. However, Oracle may be exposed to bearish momentum if there is a daily close below $66.86 level. That may present a potential retest of the June 2022’s low of $63.67.
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