Oracle (ORCL) just hit its limit. The bullish momentum is gone — RSI was over 70, Bollinger Bands were stretched, and there was no volume to back it up. No fuel left.
It’s now pulling back right from the 0% Fibonacci level, confirming the move. This looks like the start of a technical reversal.
Keep an eye on it.
It’s now pulling back right from the 0% Fibonacci level, confirming the move. This looks like the start of a technical reversal.
Keep an eye on it.
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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.