🎁Oracle (
ORCL) is rejecting major support:
🔎Analysis summary:
📝Levels to watch:
#LONGTERMVISION
ORCL) is rejecting major support:🔎Analysis summary:
Oracle has been correcting about -60% recently. But looking at the higher timeframe, this chart still remains incredibly bullish. In fact, Oracle is just retesting and rejecting major horizontal support, potentially heading for another rally of about +100% from here.
📝Levels to watch:
$150
#LONGTERMVISION
Trade active
🎁Oracle (ORCL) perfectly plays out:🔎Analysis summary:
And Oracle is just another swingtrade which is perfectly following all structure. With the recent retest of major support and bullish confirmation, Oracle now looks like the bottom is clearly in. It is actually already time to take first partial profits in the near future.
📝Levels to watch:
$150
#LONGTERMVISION
Trade closed: target reached
🎁Oracle (ORCL) remains totally bullish:🔎Analysis summary:
This month alone, Oracle is up almost +15%. But looking at the higher timeframe, Oracle also just perfectly retested a major horizontal support level. Furthermore, Oracle also already created bullish confirmation at support. This seems to be the bottom.
📝Levels to watch:
$150
🙏🏻Trusting the Trading Gods
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Daily Analysis from Monday - Friday 💰
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.