ORCL for the ER coming soon, only RPO matters. RPO <= 455B is bear, RPO around 500-600 is bull. But since market already lost the 300B market cap since last ER, even a lowered RPO would only suggest the stock might briefly dip further. Still bullish in long term as long as AI industry stands.
ORCL looking to add calls rn for next weeks earning report looks like a A+ setup rn if it closes above the 200 MA. Targetting the gap fill around 271 close the 2.618 extension.
ORCL Wells Fargo notes Oracle (ORCL) is set to gain from rising demand for AI systems and cloud services, anticipating strong revenue growth as businesses shift AI workloads to Oracle Cloud