There is a lot to like about 
ORCL both on the chart and fundamentals. Not only did they beat earnings and now get an upgrade (see below), but the stock has also now formed a flat base after earnings. What that means to me is that buyers have pushed the stock up and there are not enough sellers to bring it back down.
I have an alert set at 215.01. If that triggers, I plan to open a full-sized position with a stop just under the most recent low (202.54). That is a 6% risk. Although, if it does not perform well right off the bat, I may close it on whatever day I open if it falls below the day low. All TBD.
If you like this idea, please make it your own and follow your trading plan. Remember, it is your money at risk.
Oracle rises as Stifel upgrades to 'buy'
** Stifel upgrades stock to "buy" from "hold", citing strong momentum in its Cloud business and disciplined cost management
** Increases PT to $250 from $180, implying an 18.91% upside to stock's last close
** "We believe Oracle is well positioned to accelerate total Application Cloud growth to the low teens range in FY26" - brokerage
Oracle Beat Expectations
Wednesday, June 11, 2025 at 4:05 PM ET
Oracle (ORCL) reported earnings of $1.69 per share on revenue of $15.90 billion for the fiscal fourth quarter ended May 2025. The consensus earnings estimate was $1.64 per share on revenue of $15.54 billion. The Earnings Whisper number was $1.66 per share. The company beat expectations by 1.81% while revenue grew 11.31% on a year-over-year basis.
ORCL both on the chart and fundamentals. Not only did they beat earnings and now get an upgrade (see below), but the stock has also now formed a flat base after earnings. What that means to me is that buyers have pushed the stock up and there are not enough sellers to bring it back down.I have an alert set at 215.01. If that triggers, I plan to open a full-sized position with a stop just under the most recent low (202.54). That is a 6% risk. Although, if it does not perform well right off the bat, I may close it on whatever day I open if it falls below the day low. All TBD.
If you like this idea, please make it your own and follow your trading plan. Remember, it is your money at risk.
Oracle rises as Stifel upgrades to 'buy'
** Stifel upgrades stock to "buy" from "hold", citing strong momentum in its Cloud business and disciplined cost management
** Increases PT to $250 from $180, implying an 18.91% upside to stock's last close
** "We believe Oracle is well positioned to accelerate total Application Cloud growth to the low teens range in FY26" - brokerage
Oracle Beat Expectations
Wednesday, June 11, 2025 at 4:05 PM ET
Oracle (ORCL) reported earnings of $1.69 per share on revenue of $15.90 billion for the fiscal fourth quarter ended May 2025. The consensus earnings estimate was $1.64 per share on revenue of $15.54 billion. The Earnings Whisper number was $1.66 per share. The company beat expectations by 1.81% while revenue grew 11.31% on a year-over-year basis.
Trade active
New position today on check back and rebound from horizontal resistance / support area.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.