Oracle is a Short
Strong company fundamentally. However, the head of a potential head and shoulders is forming. Nothing goes up in a straight line. Nothing. I'll be looking for a short here in the next 1-3 days. A few keys levels added in. Happy Trading.
Note
Red day for Oracle. Bearish to the neckline.Note
Missed the $ 96 short today. Watching more closely this week.Note
Now at the neckline. I would like to see a bounce to form a right shoulder for a short entry. No position yet
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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.