Looking for bearish swing bounce off resistance on ORCL. As you see here, we are approaching a major resistance zone on the daily heikin ashi candlestick chart. I will be waiting to hit the resistance zone with a heikin ashi line then bounce off with a strong volume. I like this setup a lot. Shortby OptionsMasteryPublished 0
Oracle potential correction is ON 🚨#usstock :: NYSE:ORCL #dyor :: ORACLE Present I am bearish 📍 on it 👍 I belive top is completed 📌 Now 35-45% potential drop we will see Based on drop and pump 📌 we can decide macro top completed 📌 or not 🚫 Present my target is :: $80-90 ( be in follow article under this post update will be provided ) Shortby raj5_7_5Updated 3
ORACLE: Channel Down bottom buyOracle is on a bearish 1D technical outlook (RSI = 31.499, MACD = -1.720, ADX = 20.020) almost oversold as (with the exception of Aug 29th-Sep 11th) it is trading inside a Channel Down and the price is almost on its bottom. The 1W MA50 may make contact with the price there. This is a buy opportunity regardless (RSI oversold) and our target is the top of the Channel (TP = 106.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScopePublished 115
A Short Prophecy for OracleDaily chart of ORCL ORCL formed a large gap when it fell from a double top formation. It wasn't able to fill the gap in its first attempt. It couldn't pass the resistance level of 115 despite five attempts (14-20 Sept). After bouncing from 105 support level (this was the last peak in Dec 2021), ORCL is attempting to fill the large gap again. It will face stiff resistance at 115. In the unlikely chance that ORCL crosses this resistance level, it will barely reach 120 since the large gap was formed after a double top and will act as a strong barrier. Shortby RS3175Published 665
Just look at this beautiful chart. I see massive bullish potential. A lot of profit potential. A lot of open interest on some of the calls. It is looking like a reversal on the weekly and daily chart. Beautiful setup.Longby OptionsMasteryPublished 2
Oracle double bottomDouble bottom here .. 3 gaps into 113 108 109 And 112.89 I'm looking for an immediate 109 gap close by next week and 113 before October is outLongby ContraryTraderPublished 7
ORCL, Crucial, Massive Double-TOP, BEARISH-Triangle Setup!Hello There! Welcome to my new idea about ORCL. In recent times ORCL already increased with heavy bearish determinations towards the downside as it printed this massive bearish momentum spike candle forming a -15% dump and liquidating almost over 100 Billion positions. Such crucial bearish inclinations should be never underestimated because especially in a time in which the stock market is forming several mixed determinations it is necessary to consider such stocks as ORCL as potential short-side stocks, especially with continued bearish momentum. This is why I have analyzed the main underlying dynamics within the analytics backend to consider to most prevalent crucial dynamics in this current market. As when looking at my chart ORCL continued to emerge with the major -15% dump from the most severe upper 125 resistance level from where it already pulled back towards the bearish direction in the past. Now, as ORCL emerged with these bearish spikes towards the bearish directions it moved below the previous support levels at 114 and marked several crucial lower lows below this level exaggerating the bearish momentum especially as these previous supports are now major resistances. Furthermore, ORCL dumped below the main 100-EMA and 200-EMA, these two EMAs are now major resistance levels together with the 114 resistance indicating that there is not of a lot possibility for ORCL to turn around and move above these crucial resistances again. On the bigger global scale ORCL has completed a major double-top formation breaking below the 114 area as marked in my chart, especially as the second top has formed with this accelerated bearish momentum this double-top is the most prevalent formation within this whole determination. Furthermore, now that ORCL has dumped below the main levels it is forming a confirmational triangle formation below the 114 level and this triangle formation is about to be finalized within the next times. The triangle formation will be finalized with ORCL dumping below the lower boundary of the formation as marked in my chart and once this breakout has shown up this is going to be the origin of the wave-C extensions towards the downside. With the completion of the double top and the bearish triangle formation, ORCL will have set up a doubled bearish ABC wave count. Taking all the major prevalent determining factors into consideration here it has to be mentioned that ORCL is in a crucial bearish development that has the ability to increase with the bearish momentum acceleration every time soon especially as ORCL already confirmed several main bearish determinations here. The completion of this major bearish momentum acceleration is going to form the next -15% dump into the targets of 95 and investor's open interest turning into a bearish sentiment is likely to increase this dynamic to an accelerated determination. It has to be mentioned that not every stock within the market is so bearishly inclined like ORCL, this is why this formation within ORCL is important right now. Such determinations can offer important hedge potential opportunities when considering a total-return approach considering other assets like the DXY and bonds are up, this is going to be an important bearish indication for ORCL as well. In this manner, thank you everybody for watching my analysis of ORCL. Support from your side is greatly appreciated. VPby VincePrinceUpdated 9923
ORACLE: Sharp correction may turn into a 1 year buy.Oracle is having a sharp sell off during September, the strongest since September last year (2022), which formed the market bottom. It is almost oversold on the 1D technical outlook (RSI = 30.957, MACD = -2.920, ADX = 37.867) with the price approaching the 1W MA50, which is untouched since November 7th 2022. On this 1W chart we have market the time of a 1W MA200 breach that was followed soon after with a strong rebound. Our trading strategy is to enter a long term buy and hold on the 1W MA50 and if by any chance (unlikely) tests the 1W MA100, then unload the rest of longs there. This will be an ideal long term buy opportunity (TP = 130.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Shortby InvestingScopePublished 339
ORCL Entry, Volume, Target, StopEntry: with price below 127.54 Volume: with volume greater than 27.5M Target: 141.39 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 127.55, 120.62 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Longby tradepatientlyUpdated 881
ORACLE DISCOUNT GET IT WHILE ITS HOT !!!ORCL buyers failed to make a decisive breakthrough at its recent pre-earnings highs. As such, sellers have defended ORCL's June 2023 resistance level of $127 resolutely. The surge toward its recent highs suggests that late buyers rushed in, anticipating a more robust outlook from management, but it didn't transpire. Im expecting price to buy at one of the purple highlighted levels . im long on the first level and if that dont work you know close and try again Longby Bekiumuzi_DubePublished 3
ORCL(oracle corporation)Hi GUYS this is TUTORIAL post : you see how you could use pure technical chart for scalping though. that is clear 108 ---110(even number) is nice high potential zone for getting a bounce .......as of now you see this bounce is occuring ....always in gap filling area and in convergance of strong trend lines you are able to find high long probability setups.... THE more support you find more accurate your trade will be . GOOOOOOD LUUUUUUCK by Logical_MarketsPublished 0
ORCL show an engulfment patternORCL show an engulfment pattern This chart shows the weekly candle chart of Oracle's stocks over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, the high points of Oracle's stock in June of this year and this month formed a small level double top shape, and were suppressed by the 3.414 digits of the golden section at the bottom of the figure! Although the weekly chart of Oracle's stock has not yet closed, it has now shown a large-scale engulfment pattern, completely engulfing the gains of the past three months!by Think_MorePublished 0
RectangleHorizontal trading channel that is neutral until broken. Possible overvaluation concerning AI causing drop but not sure. Spinning top/Indecision/Hanging on the support line today. No recommendation by lauraleaPublished 552
OrclLooking for a pullback/Correction here post earnings.. Price of this Stocks is 7% away from its 21ema. Last 2 times the price has been this Extended Oracle usually correction back to 21ema within days. 4hour CCI and MFI overbought Showing a bearish rising Wedge formed from its 5% leg up last week. Stop loss -128 Target 118-121 Bulls will see a handle forming on a Cup but only time will tell winkShortby ContraryTraderPublished 997
Oracle Corporation (‘ORCL’)Oracle Corporation (symbol ‘ORCL’) share price managed to make around 14% in profits in the last 3 months managing to stay positive in performance.The company’s earnings report for the fiscal quarter ending August 2023 is expected to be released on Monday 11th of September. The consensus EPS is $0.90 compared to the same quarter of last year at $0.81. ‘ The company has seen better days in terms of financials since as of 31/05/2023 the current ratio was at 91% meaning that the company did not have the ability to repay its short term liabilities with the current assets at hand. At the same time the total assets were around $134 billion while the total liabilities were around $133 billion with more than $90 billion as debt indicating the fragile balance sheet of the company. ’ said Antreas Themistokleous, an analyst at Exness On the technical side the price has moved aggressively to the upside reaching a 52 -week high of just above $127 despite the bad financials in late May. Currently the price is testing the resistance of the upper band of the Bollinger bands while the Stochastic oscillator is recording extreme overbought levels possibly pointing at a correction to the downside in the coming sessions. On the other hand the 50 day moving average is still trading above the slower 100 day moving average showing that the overall bullish momentum might still be valid. by Exness_OfficialPublished 0
ORACLE on a strong bullish break-out.Oracle Corporation (ORCL) made yesterday a break and 1D candle closing above the 0.618 Fibonacci level, confirming the bullish continuation bias with a standard technical break-out. The long-term pattern is best displayed by the Fibonacci Channel and as the stock price has just completed a 1D MACD Bullish Cross in more than three months, we are expecting a Higher High. Based on the last two Bullish Crosses after bottoms, the price has always hit the 1.5 Fibonacci extension before a new consolidation. That is currently at $136.00 and is our new short/ medium-term target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 3310
ORCL Textbook Bull Pennant Coincident With Index Support CatchORCL Upside break-out of a Descending Pennant. Some things to note: Hold of 50 EMA within the pattern High volume entry into the pattern with descending volume throughout Notable pickup in activity on the upside break MACD Cross coinciding with break Throwback following the upside break that tracks along the upper bound of the pattern and is halted at the 50 EMA Measuring Implications for the pennant begin with a break out of a previous resistance to the top of the minor move that begins the pattern. The resulting move applies this distance to the beginning of the breakout of the pattern. I have marked and color coded two potential areas to take into account when measuring for price targets, and marked volume POI's to justify those as start-points for their measuring. PT1: 164 PT2: 143 SL: 50 EMA Break-down Some other things going on that I observe: SPX, DJIA, IXIC bouncing following minor (representing trend, not magnitude) decline VIX 200 EMA rejection. Still cemented below 20 for now. This analysis is for future price implications of ORCL. I currently hold a position entered on AUG16. Feel free to reach out for questions, including a review of a textbook pennant. Manage Risk Only invest what you are willing to lose I warrant that the information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.Longby BarnardRUpdated 3
ORCL printing a beautiful patternNYSE:ORCL Just successfully retested after breaking out of it's textbook triangles. I entered at $115 with a target of $136 with staggered profit takes at the Fibonacci golden zones. Longby ForrestersigPublished 0
Breakout or Breakdown | Have to waitWeekly 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 Longby trieutvUpdated 0
OrclEven with all the selling last week this tank managed to outperform. Broke out of wedge early last week and back tested for the bounce friday.. Calls over 117 Target 121Longby ContraryTraderPublished 13
$ORCL good healthy action in the stockNYSE:ORCL Declining volume pullback is a very positive signLongby jaganjohnPublished 0
Oracle - Short of the year?Holy moly good god Oracle is about to get slaughtered. Short of the year is forming on the Daily chart. Money flow is about to cross into red and it was extremely overbought on the AI narrative. Healthcare systems were also hacked so entire hospitals are/were down in early August. Fundamental + Technical analysis are alignedShortby dietronPublished 330
Oracle Corporation-Daily DemandDaily demand zone nested in weekly and monthly demand zone. Longby Sun_FXPublished 0