$ORCL Pennant Breakout?I have been watching NYSE:ORCL since it reported earnings and have been waiting for it to consolidate that big earnings gap. It looks like it has done that, and it broke out of a pennant formation this morning.
I started a ½ size position here at 168.18 and have a stop just below yesterdays low of 163.92. That is just over a 2.5% stop loss. Let’s see what happens.
Ideas, not investing / trading advice.