After a sharp rebound from the $152.02 support following the steep drop from the peak of the beige wave II, Oracle is once again tilting downward as expected. The next step should see the price fall below $152.02 to reach the projected low of the beige wave III. After a countermovement of wave IV, the broader downward movement as part of the beige five-wave decline should extend further, ultimately driving the stock to the low of the overarching blue wave (A). If Oracle instead breaks above the $198.31 resistance in the short term, the macro-level light green wave alt. [I] will rise to a new high. However, this alternative scenario holds only a 34% probability. Primarily, we assume that wave [I] was completed with the December peak.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.