Breakout or Breakdown | Have to wait Long

Oracle CorporationNYSE

Description

⋅ Aug 9, 2023 1:28 PM

Weekly Chart

Oracle NYSE:ORCL is in triangle pattern and moving to apex zone.
Besides, Oracle has the strong support by the ascending trend line

Daily Chart
Price is on the support and trading at 115.23 now
The second times, price touched the support so a massive move is coming soon

Triangle Pattern has more two scenarios can happen

Just wait and see

Comment

⋅ Aug 23, 2023 2:54 PM

Breakout Triangle Pattern