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ORCL

Oracle Corp Daily (23.06.2014) Technical AnalysisThe Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis shows the following: The ORCL share has made a long term development with the support of the trend line (light blue). This support line was over the KUMO, which means that the ORCL was bullish in long term. The weekly diagram shows marginally bearish. The monthly is on a local top until now. In last Friday after earnings went out the share declined 3.98% BUT it closed on higher high of the day trading with 4 times the usual volume. So the first think in mind is that the next week is the key for next trend. The stock in Friday close almost on its higher high (intraday). MACD is bearish w/divergence and RSI is near 38. The volume as I said was 4 times the usual. We have no special candlestick pattern. The share is in the KUMO and with this sharply decline is under Kijun Sen (blue line) and Tenkan Sen (green line) too. There is no special pattern. I cannot place a fib measurement. So I think that the critical point is next week’s movement. If it gets out of the KUMO the bullish trend will be here again. Stop loss under the KUMO. I think that the bullish trend will be back again.
NYSE:ORCLLong
by UnknownUnicorn13425
Oracle Corp Weekly (23/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs: The Price of ORCL made a weekly long movement last week over the Tenkan Sen and closes at its highs. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. There is no bearish sign there. I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target as I mentioned two weeks ago. Consider that the reversal pattern show a price target at $46.98.
NYSE:ORCLLong
by UnknownUnicorn13425
Oracle Corp Weekly (22/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs: The Price of ORCL made a little weekly short movement last week over the Tenkan Sen but it is like a Hammer. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target as I mentioned last week.
NYSE:ORCLLong
by UnknownUnicorn13425
Oracle Corp Weekly (21/2014) Chart Technical AnalysisThe Oracle (ORCL) weekly chart shows the following signs: The Price of ORCL made a Long movement ($41,31 to $42,15) with a green candlestick last week over the Tenkan Sen and continues the bullish trend. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. I expect that the stock will continue the bullish movement. The last long movement of the stock was from $25,38 to $36,32 giving a 1,618 fibonacci projection to $43,08 for a first target.
NYSE:ORCLLong
by UnknownUnicorn13425