The Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis Training shows the following:
The ORCL share after some consolidations finally got itself under the KUMO. The weekly diagram is bearish. The monthly is under a local top until now. MACD is bearish and RSI is near 38. The volume is as more than usual on declines.
There is no special candlestick...
The Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis Training 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 bearish. The monthly is on a local top until now. In the daily...
The Oracle Corp (NYSE:ORCL) Daily Diagram Technical Analysis shows the following:
The ORCL share made a local bottom in the KUMO cloud that means that $40 is a support for the share.MACD is trying to change the trend but is bearish under the zero line and RSI is near 46 towards to 50. The volume is less than the usual.
If the share keep going uptrend, the top...
The 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...
The 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...
The 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...
The 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...
I don't guess in these pennant formations, I wait for the chart to tell me which way to go. Two trend lines are converging. Low volume, overbought in slow-stoch, and a weak close. The price moves are more powerful when it bounces off the resistance than it does off the support. I'm ready to go long or short but it's worth noting this triangle formation.
I believe...
Price show 2-waves of strong downtrend momentum. You can see the lower highs and lower lows which indicated a short term down trend encapsulated within the red PF.
Standby to short once it is near the area indicated but use price rejection method to enter to be safe.
ORCL test Nick line for Head and Shoulder formation supported by 20 / 50 SMA and Mid Bolingar Band .....the long term down trend is confirmed by Double Top seen in Monthly chart seen in 36.50 , it seems like the bears are very strong with 16 June and 13 Mar Bearish Weekly Engulfing , we would suggest Buying Dec 2013 Put 33 Strike ....this scenario will be canceled...
