Oracle (ORCL) has been correcting violently ever since its early September news-related pump that made new All Time Highs (ATH). The correction has already almost reached the 1W MA50 (blue trend-line), resembling the technical pull-back of both December 2024 - April 2025 and the 2022 Inflation Crisis.
Based on the 1W RSI, we expect Oracle to follow that Bear Cycle and seek its 1W MA200 (orange trend-line) for Support, which has been he most optimal long-term buy entry of the past 5 years.
If this Channel Up holds, this time the bottom should be above the 0.5 Fibonacci retracement level. Our Target is $170.
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Based on the 1W RSI, we expect Oracle to follow that Bear Cycle and seek its 1W MA200 (orange trend-line) for Support, which has been he most optimal long-term buy entry of the past 5 years.
If this Channel Up holds, this time the bottom should be above the 0.5 Fibonacci retracement level. Our Target is $170.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices, Commodities on PrimeXBT— all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。