DotcomJack

ORACLE SPECULATION $60 BILLION (TIKTOK DEAL)

Long
NYSE:ORCL   ORACLE CORP
ORACLE SECURES DEAL WITH TIKTOK JUST AS TRUMP BAN IS INITIATED. TIKTOK NEW VALUE REPORTED TOWARD $60 BILLION.
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The stock currently sits below a possible future support at $60.5, Moving forward we need a break and close before I even think of entering.
Watching the orange trend lines as support and resistance , it holds strong on the weekly timeframe .
Possible buy on a break and hold of resistance @ $60.5.
Upside targets: $$63.63, hold beyond at your own risk
Possible Short Entry if break and hold below $57

CAUTION: I hate playing news, this Tiktok bs is getting out of hand. Play at your own risk


DotcomJack | Michael Jordan of Stonks
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