Oracle stock is falling even though the enterprise-software company reported better-than-expected financial results, while also announcing an expanded stock repurchase program and a 33% dividend increase.
Revenue for the fiscal third quarter, ended Feb. 28, was $10.09 billion, up 3% from a year earlier, in line with the company’s forecast of 2% to 4% growth, and...
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Per my previous publication on the wedge structure that LINK was trading in - LINK has officially broken out to upside and will continue to first target of $38 where it can either consolidate or continue to higher upside targets of psychological $40, $50, $60 levels .... could impulse much higher but my March $100 target remains on schedule.
LINK is still massively undervalued and the Pitchfork shows this out. The mid-line alone still has LINK in the $100 range by March.
If you don't think this is possible in LINK then I suggest you take a look at UNI's chart when it moved from $3 to $20 in the span of a couple weeks. Considering the spate of recent news out in LINK from:
1) NASDAQ ETF - ...
It's only a matter of time before a major F50 Corporation such as ORCL publicly announces a full integration LINK "publicly", just as it was a matter of time for BTC and TSLA (and additional F50s) to eventually announce using their balance sheet to invest in BTC .
When a F50 corporation finally...
Bull Flag Idea. I would Buy on breakout $64.00 with a stop loss at $62.60 and take profits at the fib extensions . If breakout is hit within the first 30 minutes of market open id wait for a break of that 30 minute high to buy to avoid possibly getting faded to the downside after open. If it takes off running at the open and explodes higher i wouldn't chase it...
ORCL has set a perfect channel can be seen between the green lines. If it can be succeded to break the first resistance, it may target the second resistance which is the second green line. Red line is support line.