RockyFresh340

$ORCL positioning for a longer term move

NYSE:ORCL   Oracle Corporation
Hi Traders!

ORCL is on the cusp of a gap fill, poised to capitalize on the expanding AI market and the ongoing shift of businesses to cloud computing. Additionally, Oracle's strategic move to establish a regional headquarters in Saudi Arabia could provide notable tax advantages, enhancing its financial positioning and potentially impacting its stock value positively. This strategic geographical expansion, coupled with its tech advancements, positions ORCL favorably in the market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.