The Oracle (ORCL) daily chart shows the following signs:
The Price of ORCL made a Long movement (1,52%) with a green candlestick last Friday over the Tenkan Sen and continues the bullish trend. The MACD tries on bullish sign and the RSI is over 50. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement as it does with respect on Fibonacci projections from the price of $29.93. Next target is 3,618 Fibonacci projection to $43,08.
The Price of ORCL made a Long movement (1,52%) with a green candlestick last Friday over the Tenkan Sen and continues the bullish trend. The MACD tries on bullish sign and the RSI is over 50. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement as it does with respect on Fibonacci projections from the price of $29.93. Next target is 3,618 Fibonacci projection to $43,08.
