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ORACLE CORPORACLE CORPORACLE CORP

ORACLE CORP

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ORCL trade ideas

ORACLE CORP WINS TIK TOK DEAL (ROCKET TIME)TikTok has reached an agreement to sell its U.S. operations to software giant Oracle, a landmark deal that could redefine how the U.S. and China square off over the reach of their homegrown technology companies. Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies. News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle reportedly winning the bid to be a technology partner instead. President Trump signed an executive order August 6th blocking all transactions with ByteDance, and the order demanded an American company purchase TikTok’s US business. The EO was intended to take effect within 45 days, although the president later signed a follow-up order giving ByteDance 90 days to sell or spin off TikTok in the US. This does not supersede the original deadline, though. As Department of Commerce secretary Wilbur Ross told The Verge: “Per the 45-day period outlined in the Executive Orders, the Department of Commerce is operating under a deadline of September 20th.” An inverse or reverse head and shoulders pattern is also a reliable indicator which can also signal that a downward trend is about to reverse into an upward trend. ... The final rally after the third dip signals that the bearish trend has reversed and prices are likely to keep rallying upward.
NYSE:ORCLLong
by MavRich_Trading
3
ORACLE, Moving In Possible Flag-Formation, Important Levels!Hello Traders Investors And Community, Welcome to this analysis about the stock value ORACLE 4-hour timeframe perspective, the recent event, the current formational structure, what to expect the next times, and how to handle upcoming situations in an appropriate manner. The stock market these times sending highly mixed signals within the individual stocks where some forming more bullish formations others looking for the downside, these are still consequences of the corona crisis and damages in the economy as those mechanisms also seen in past historical financial crashes were there came big sorting outs of innovative stocks and others which didn't manage to come up with, comparing with the current situation we can note that everything involved with digitalization has more chances to succeed sustainable so also ORACLE which recovered from the corona breakdowns and now forming a smaller when not bigger correction where I found important signals how this stock can destine. When looking at my chart you can watch there that the stock is moving in a larger channel which is actually a possible bull-flag formation marked with black upper and lower boundaries, where the stock currently approaches the upper boundary which already confirmed bearish to the downside and now doing this a second time where it is still holding above the 55-EMA marked in green where it is consolidating above to form a leg down moving into the last wave-count that will form the final and decisive wave E of the overall big wave-count the stock is forming here, this last wave can be protracted till there is support reversing the situation and bouncing which will be the level marked in my chart in blue where the stock has not only the 1000-EMA but also the lower boundary and support from past price action as supports, these levels forming altogether a coherent support cluster coming up with a high possibility to bounce in this area as it is marked. When the stock shows up with the more likely scenario where it bounces in the suggested back-up-zone marked in my chart to do not fall below this level again the stock has some decent and solid potential to move higher and form the bull-flag breakout which will confirm the formation and activate higher targets in the range, although it is possible to trade this anticipated upcoming mechanism aggressively with an entry in the channel the best and smartest way will be to wait on the proper confirmation above the upper boundary with a possible pull-back to enter in the market. The next times will show how this scenario plays out and if the stock manages to form the suggestions as mentioned, remember that it is highly important to bounce in the area marked in my chart, when this does not happen and the stock falls below this can cause bearish pressure which will increase together with a corona increase. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the market.
NYSE:ORCL
by VincePrince
1
Cup & Handle Breakout? Can Oracle break out? I would think this stock falls in to the value category especially in the tech sector if I were to guess but it keeps chugging along. Oracle missed revenue on it's earnings in early June but did not go down an awful lot. If you look at the 20 year monthly the stock is definitely in a slow and what I consider, safe up trend. Possible Breakout at 56 Stop at 50.5 Target 1: 62 to 69 Target 2: 76 to 82 Just an idea and I feel the stock is undervalued.
NYSE:ORCLLong
by lauralea
The older the fiddle, the sweeter the tune. What about stocks?Here’s a Thought! 19 June, 2020, by Vladimir Rojankovski, Head of analytical dept., Grand Capital Recently Oracle (ORCL) reported quarterly financial results, where revenue fell slightly short of the consensus forecast, which the company inadvertently explained by delays in commercial deals caused by coronavirus. For fair valuation, many analysts focused on the sales position of Oracle's autonomous database and its public cloud OCI-Gen2 (ou-see-ai generation two). Several investors raised the target price for Oracle from $44 to $48, remaining cautious due to "more significant difficulties in promoting cloud technology" compared to Amazon (AMZN) and Microsoft (MSFT), which are more actively promoting their projects in hyperspace. At the teleconference, the company also noted that Oracle's entire annual capex for cloud technology is approximately equal to one month of Microsoft's capex. It is true to say that the older the fiddle, the sweeter the tune. Especially given the fact that some old fiddle tunes are hardly audible.
NYSE:ORCL
by VladimirRojankovski