ORACLE Sell Idea @Monthly Supply Zone (50.70 - 53.44)
Sell Limit: 50.50
Stop Loss: 53.70
Take Profit: 40.54
Risk Management = 0.01/$100, With Stop Loss
Risk Management = 0.01/$200, No Stop Loss
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:2 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry...
Good day traders. Here we have ORCL stock charts. Bigger picture is suggesting to be short. As we look at the lower time frame here, we can see supply above and some ok demand below. The levels further away from price are the more significant levels; however, you can short at either supply zone.
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