Oracle Corp. (ORCL)

Technical Analysis on Oracle Corp. (ORCL)

Monday, November 10th, 2022

In this Wicked Stocks video analysis, we examine Oracle Corp. (ORCL) currently testing meaningful channel-resistance, able to contain buying through the remainder of the year. From here, (ORCL) could fall back to a zone of support, eliciting losses of ~20% over the next 2-3 months. Inversely, a settlement above channel-resistance would elicit a long-term buy signal, where gains of ~20% would be anticipated over the following 2-3 months.

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