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iri_ili
Apr 29, 2015 4:48 PM

Long ORCL Long

Oracle CorporationNYSE

Description

I will go long ORCL if it stays above the 5day VWMA intraday for more that 30 mins. The reasons:
- broke above triangle range on daily chart
- if it finds support in today's market above 5 day VWMA intraday, which is also above the previous resistance on daily it will be a positive sign
- long term uptrend
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