Oracle - Starting the all time high bullrun!

Mar 11

💰Oracle (ORCL) is creating a major bottom:

🔎Analysis summary:

Oracle just retested a significant higher timeframe horizontal support area. Therefore the recent bullish price action was also not a surprise at all. If Oracle now creates bullish confirmation on the smaller timeframe, we could soon see new all time highs.

📝Levels to watch:

$140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Mar 19

Trade active

💰Oracle (ORCL) starts the next bullrun:

🔎Analysis summary:

Oracle is now just perfectly starting to reject the major horizontal support area. And looking at the higher timeframe, this is perfectly matching with a move back to the all time highs. Just give Oracle some time to play out during the next couple of months.

📝Levels to watch:

$140

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Mar 27

Trade closed: target reached

💰Oracle (ORCL) is still above support:

🔎Analysis summary:

After all this time, Oracle is finally sitting at the clear horizontal support area. And looking at the higher timeframe, Oracle is also ready for a decent rejection. Just don't try to catch the falling knife but wait for proper bullish confirmation first.

📝Levels to watch:

$140

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION