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
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💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.