This is more of a "Concept". I am a complete newbie, just looking to validate the concepts of these patterns. Please feel free to comment and critique. I would appreciate the feedback.
Perhaps it is one. But at least a correction is due.
NYSE:ORCL "Cloud competitors have their eyes on Oracle as the company continues to rapidly build out its SaaS and PaaS product offerings. To put this in perspective, Oracle’s human capital management (HCM) SaaS product secured three times as many new customers as competitor Workday’s similar HCM product. This focus on the cloud has led Oracle to expect...
Watch ORCL ..... this stock is currently classified as an undervalued stock because it has an intrinsic value around $47.34 based on Vuru Analysis, all technical indicator that I used (Stoch,CCI and MACD) show that this stock is in condition of oversold. Wait a good momentum to buy.
I think now is a good entry for a long position in ORCL.
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HLF - Triggered Long Yesterday. watch if it walks up to the target. ORCL - Showed up on my scan, Not here. Gotto check where the mistake is. PG and UPS - two fresh short setups
1. Bullish Engulfing+Bullish Divergence 2. Bounce on Fibs 61.8 3. Primary Trend Sideways 4. Intermediate : Bullish, Minor Bearish
Potential Bull call Dec position looks attractive after break of $39.50. Both Strikes OTM below $42 would seem logical.
I think the movement will continue within current trends.
Technical Analysis: Oracle Looking bearish on the weekly chart: -Completed a head and shoulders topping formation -Broken below 52-week long term average -One year plus rising trend line was taken -Breakout accompanied with pick up in volume levels I am looking for an initial target at major broken resistance at 36.40, should turn to support now. Lets see how...
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 turning slowly to bullish and it is above the KUMO. The monthly diagram is weakly bullish too. MACD is marginally bullish and RSI walks the 50. The volume is moderate. ...