fancypants4444
Long

ORCL: Failed Bear Flag to the Upside

NYSE:ORCL   ORACLE CORP
ORCL             is in a bear flag . but with that being said the chart is in an overall uptrend. Enter as the trade breaks out of the trendline then add once more conformation is gained when each decending high pivot is broken shown by the brown lines. These failed bear flags when triggered to the upside tend to retrace the down move about 80% giving us our target of around 42.35
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