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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ORCL
Oracle (large cap.) offers a 1.59% dividend with current stock prices.
Dividend has not been raised since end early 2017 and overdue.
Top Oracle Software Exec. taking leave of absence per WSJ 9.7.18
Oracle 5G CUPS is new control and user plan software architecture partially introduced in 4G & to be fully integrated in 5G and help support cloud data...
Probability play for a move to the upper tend line, which would be around the 50% fib range (50.17)
I like the way it rejected the lower trend line and the EMA34 and is trading above it now.
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ORCL
