ORCLThere are a million other cloud/tech companies who have yet to reach their highs from 3 months ago that may be a better look than this one.
That being said,
ORCL seems to be a safe haven if you are looking to park some money, snag some dividends or buy enough where you can start selling covered calls and not have to worry about being assigned. (Infinite money flow) ;)We are about a dollar away from reaching back to pre corona levels anl that I can really find that
ORCL has done is get into a contract with $ZM. If you insist on playing this, I would wait for a breakout over 56 and use 55 as a stop loss. I would encourage you to research some other SAAS companies that have bigger and better potential then this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.