If both resistances 55 and 55.6 USD will be broken it can be seen as a buying signal otherwise prices will be moving inside the channel. In conclusion, wait before going long or short (if the resistance will not be broken)
Oracle — Shares of the technology company dropped as much as 5% in extended trading after the company released its fourth-quarter earnings. Oracle reported earnings of $1.20 per share excluding some items on revenue of $10.44 billion, while analysts estimated earnings of $1.15 per share on revenue of $10.65 billion, according to Refinitiv. “Our overall business did remarkably well considering the pandemic, but our results would have been even better except for customers in the hardest-hit industries that we serve such as hospitality, retail, and transportation postponing some of their purchases,” Oracle CEO Safra Catz said in a statement.
Oracle — Shares of the technology company dropped as much as 5% in extended trading after the company released its fourth-quarter earnings. Oracle reported earnings of $1.20 per share excluding some items on revenue of $10.44 billion, while analysts estimated earnings of $1.15 per share on revenue of $10.65 billion, according to Refinitiv. “Our overall business did remarkably well considering the pandemic, but our results would have been even better except for customers in the hardest-hit industries that we serve such as hospitality, retail, and transportation postponing some of their purchases,” Oracle CEO Safra Catz said in a statement.
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.
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.