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Oracle

Oracle (ORCL): Bearish Scenario with Long-Term PotentialSince our last analysis of Oracle on the daily chart, there has been little significant change. The stock moved into our Wave (B) zone between $128 and $138, and after reaching a high of $132.77, it was rejected. A trendline was broken but quickly reclaimed, suggesting a potential push upward. We anticipate Wave 3, the subordinate wave, to find support around $91 to $86. Currently, everything indicates a falling trend, and unless the price rises above the recent high of $132.77, we expect continued downward movement. However, our primary scenario remains bearish, expecting a further sell-off down to the range between $80 and $50. This range is broad but suitable for long-term entries. We see no issue with the size of this target zone, as it offers good long-term potential.
NYSE:ORCLShort
by freeguy_by_wmc
Chainlink's CCIP: Buy the Rumor, Sell the NewsPotential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a dip in sentiment and price, it could also present better opportunities for investment. On the chart, a nice head and shoulders with declining volume, as well as resistance from the Bull Market Support Band and the previous trendline starting in early March.
BINANCE:LINKUSDShort
by BikBookly
21
Oracle's $10B Deal with Elon Musk's xAI Signals Cloud GrowthOracle Corporation is poised for substantial growth in its cloud computing sector through a potential $10 billion deal with Elon Musk's AI startup, xAI. This strategic partnership signals Oracle's emergence as a key player in the generative AI market, positioning its Oracle Cloud Infrastructure (OCI) division for significant expansion against competitors like Amazon Web Services and Microsoft Azure. Despite recent stock price fluctuations, Oracle's cloud revenue has surged, bolstering confidence in its cloud computing capabilities. The connection between Oracle's Chairman Larry Ellison and Elon Musk further underscores the promising prospects of this collaboration, with xAI likely becoming a flagship client for Oracle. This partnership promises to advance AI cloud services and could lead to groundbreaking developments in the industry.
NYSE:ORCLLong
by signalmastermind
Michael Burry is Wrong on This One!!! SELL ORCL!I love Michael Burry. He has some amazing calls and I'm always curious to see what he is up to, but obviously we're all human and make mistakes. His company Scion Asset Management started buying in the last quarter of last year as we're going into a 5th wave breakout. We have met three different objectives for a 5th wave target including divergence on the monthly chart. It's possible for an extended 5th wave, but more than likely not. My target is at least $82-$59, which is the .382 fib level of the entire move or bottom of wave 4. However, we will need to save a wave A unfold to determine a further target.
NYSE:ORCLShort
by adriel.arrasmith
Oracle: Is a Crash Inevitable? Oracle is another stock we're adding to our analysis. Firstly we're particularly looking at the monthly chart to grasp the big picture. We believe that since the start of the entire cycle around the $3 mark at the turn of the millennium, there has been a rise to a maximum level of $127.5, marking the end of our Wave I or the 5-wave cycle. Now, we anticipate being in Wave II, which should retrace between 50% and a maximum of 78.6%, with our target entry at the 50% level, coinciding with the support zone of Wave (4). However, we firmly believe that we won't exceed $127 again unless we encounter an Expanded Flat scenario, where reaching 138% is still possible, but we should not surpass it. Therefore, Oracle presents a very bearish scenario over a long period. We will also look for possible short-term entries to potentially initiate positions.
NYSE:ORCLShort
by stromm
2
#LINK/BTC 1D (Binance) inverted Head & Shoulders break & retestChainLink is pulling back to neckline support, seems likely to bounce and resume bullish here. ⚡️⚡️ #LINK/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 9.2% Current Price: 0.0003923 Entry Targets: 1) 0.0003914 Take-Profit Targets: 1) 0.0004974 Stop Targets: 1) 0.0003490 Published By: @Zblaba CRYPTOCAP:LINK BINANCE:LINKBTC #ChainLink #DeFi #Oracle chain.link Risk/Reward= 1:2.5 Expected Profit= +27.1% Possible Loss= -10.8% Estimated Gaintime= 1-2 months
Long
by TradingOn
#LINK/USDT 1h (OKX Futures) Ascending wedge on resistanceChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support. ⚡️⚡️ #LINK/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (5.6X) Amount: 5.0% Current Price: 20.219 Entry Targets: 1) 20.449 Take-Profit Targets: 1) 19.002 Stop Targets: 1) 21.174 Published By: @Zblaba CRYPTOCAP:LINK OKX:LINKUSDT.P #ChainLink #DeFi #Oracle chain.link Risk/Reward= 1:2.0 Expected Profit= +39.6% Possible Loss= -19.9% Estimated Gaintime= 2-4 days
Short
by TradingOn
6
ORCL Possible buy setupOracle , a Texas based software and cloud giant is making a good possible buy opportunity. What to watch? 1. Weekly chart is showing some healthy pullback to it's previous highs sitting at around $103.73-106.56 price level. 2. When you take the Fibonacci tool and place it on the bottom of the chart which crossed the 200EMA , colored black, and take it to the top, the price had a perfect bounce out of the 38.2% Fib level. This contraction is considered good, especially because there is the 50EMA sitting just there. 3. Since I missed that potential entry point, I am looking on how and when to enter now. The thing I am considering right now is lack of buying pressure and rise in volume for the stock. 4. If we glance at the Daily levels, the stock is trying to close above the 200EMA, and it has been trying to do so for the last month to be precise. I am waiting for a strong upward move and I want to see the price going further away from the 200EMA line, sitting at around $106.5 price level. 5. Once this move happens, I am in. My stop loss will be place below the gap down candles on the Daily level, which are sitting at around $99.5 price level . 6. Depending on the price action of the stock, my take profit levels will either be the previous high of $127.4 or even higher price. If I take the first take profit level, it will bring me solid RR of 1:2.23. Of course, I will be closely monitoring the reactions of the stock and keep you all updated.
NYSE:ORCLLong
by De_Banis
ORCL Ready for a Pull back before rally to 150 final target?After the drop and downgrade from JP Morgan from 112 to 100. Oracle completed its (4) wave. Possible completing a subwave 1 (blue color), price looks losing steam, so maybe it is time for a healthy pullback to wave 2 (yellow box) and continue for the best wave 3 rally and get the target at the golden ratio. Of course, news could invalidate this count, but in the bullish scenario, this is the road map I believe could get Oracle to 150 around. Good luck!
NYSE:ORCLLong
by mhmastergroup
Oracle's Ambitious Expansion in the Middle East In a strategic move to capitalize on the Middle East's digital transformation, Oracle ( NYSE:ORCL ) is set to expand its operations in Dubai and build additional cloud infrastructure across the region. The company's Dubai office is undergoing a significant renovation, promising customers an immersive experience in envisioning the future of their companies through cutting-edge AI and cloud technology. Strategic Investment for a Cloud-Powered Tomorrow Amid a rising trend channel, Oracle's ( NYSE:ORCL ) stock outlook appears promising, reflecting investor confidence in the company's growth. With plans to invest in a state-of-the-art customer experience center in Dubai, Oracle ( NYSE:ORCL ) aims to offer a futuristic workspace and enable clients to visualize the potential of AI and cloud technology for their businesses. Cloud Providers Tapping into the Middle East's Potential Oracle's expansion aligns with the broader trend of global cloud providers establishing a significant presence in the Middle East, particularly in Saudi Arabia and the UAE. Companies like Microsoft, Amazon, IBM, and Alibaba Cloud have already opened cloud and data centers in the region, recognizing the growth potential fueled by a tech-savvy population and government-led digital initiatives. Oracle ( NYSE:ORCL ), currently managing 67 cloud regions across 26 countries, underscores the Middle East's importance in its global strategy. Clay Magouyrk, Executive Vice President for Oracle Cloud Infrastructure, acknowledges the transformation of the Emirates into a global economic and technology powerhouse, driven by the widespread adoption of cloud services. Empowering Women in Tech with sAIdaty Initiative In a move to contribute to the UAE's digital economy goals, Oracle ( NYSE:ORCL ) has partnered with the Dubai Business Women Council to launch the sAIdaty initiative. This year-long program aims to enhance AI skills among women professionals and entrepreneurs. By equipping 500 council members with essential skills, the initiative not only advances women's professional journeys but also aligns with Oracle's commitment to fostering diversity and inclusivity in the tech sector. Generative AI Integration - A Game-Changer for Enterprise Adoption Oracle's focus on solving real-world business use cases is evident in its announcement of the general availability of the Oracle Cloud Infrastructure (OCI) Generative AI service. This fully managed service integrates large language models to address diverse business use cases, now supporting over 100 languages. The service's multilingual capabilities, improved GPU cluster management, and flexible fine-tuning options position Oracle as a leader in driving enterprise AI adoption at scale. Conclusion: Oracle's Cloud-Powered Vision for the Middle East As Oracle ( NYSE:ORCL ) expands its operations in Dubai and strengthens its cloud infrastructure across the Middle East, the company is not just responding to regional demand but actively shaping the digital future of the area. The combination of technical prowess, strategic partnerships, and a commitment to diversity positions Oracle as a key player in the region's evolving technological landscape. With the integration of generative AI, Oracle ( NYSE:ORCL ) is not only staying ahead of the curve but is also providing businesses with the tools they need to thrive in the era of digital transformation.
NYSE:ORCLLong
by DEXWireNews
PYTH AIMS 25% HigherPYTH has been on a decent climb after a massive sell-off. It managed to reclaim the VAL after the retest of the trendline breakout. all bullish signs and with bitcoin providing a nice bullish pump into the weekend, it'll provide a bullish narrative to fuel the altcoins this weekend. The levels are marked on the chart where I expect PYTH to have a retracement, until then, a long aiming for the VAH seems like the higher probability trade. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
Fundamental Factors Influencing Oracle's Stock at Pivot PointsOracle Corp, the software giant, has reported a slowdown in its cloud computing business, causing its shares to drop more than 7% . The company has projected fiscal third-quarter revenue to be below estimates due to strong competition in the cloud computing market and an uncertain economy, negatively impacting cloud service demand. According to Bloomberg, this slowdown has fueled investor concerns that the software maker’s expansion efforts have yet to gain ground in the competitive market. Oracle's cloud revenue rose 25% to $4.8 billion in the period ended November 30, after registering a 30% gain in the previous quarter, which represents the second consecutive quarter of slowing growth. In the fiscal second quarter, Oracle's sales increased by 5% to $12.9 billion, slightly below the average estimate of $13.1 billion. However, the company's profit, excluding certain items, stood at $1.34 per share, beating the average estimate of $1.33. The company has attributed its slowdown to an uncertain economy and intense competition in the cloud computing market, which has caused a decline in cloud service demand. The news of Oracle's slowdown in cloud computing has caused many to question the company's ability to compete in an increasingly crowded market.
NYSE:ORCL
by DEXWireNews