The ORCL share price continued to climb, reaching the turquoise Target Zone (coordinates: $115.76 - $122.90). The magenta-colored wave (2) should now be completed within this range, the high of which should be followed by a countermovement to the downside. Currently, the upward momentum has flattened somewhat, but can still hold at the high levels. Accordingly, we expect a further rise within the described Target Zone - although from a technical perspective, the minimum requirement of wave (2) in magenta has already been met. After the reversal, we expect the downtrend to continue.
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Feragatname
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 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, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.