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Oracle's Ambitious Expansion in the Middle East In a strategic move to capitalize on the Middle East's digital transformation, Oracle ( NYSE:ORCL ) is set to expand its operations in Dubai and build additional cloud infrastructure across the region. The company's Dubai office is undergoing a significant renovation, promising customers an immersive experience in envisioning the future of their companies through cutting-edge AI and cloud technology. Strategic Investment for a Cloud-Powered Tomorrow Amid a rising trend channel, Oracle's ( NYSE:ORCL ) stock outlook appears promising, reflecting investor confidence in the company's growth. With plans to invest in a state-of-the-art customer experience center in Dubai, Oracle ( NYSE:ORCL ) aims to offer a futuristic workspace and enable clients to visualize the potential of AI and cloud technology for their businesses. Cloud Providers Tapping into the Middle East's Potential Oracle's expansion aligns with the broader trend of global cloud providers establishing a significant presence in the Middle East, particularly in Saudi Arabia and the UAE. Companies like Microsoft, Amazon, IBM, and Alibaba Cloud have already opened cloud and data centers in the region, recognizing the growth potential fueled by a tech-savvy population and government-led digital initiatives. Oracle ( NYSE:ORCL ), currently managing 67 cloud regions across 26 countries, underscores the Middle East's importance in its global strategy. Clay Magouyrk, Executive Vice President for Oracle Cloud Infrastructure, acknowledges the transformation of the Emirates into a global economic and technology powerhouse, driven by the widespread adoption of cloud services. Empowering Women in Tech with sAIdaty Initiative In a move to contribute to the UAE's digital economy goals, Oracle ( NYSE:ORCL ) has partnered with the Dubai Business Women Council to launch the sAIdaty initiative. This year-long program aims to enhance AI skills among women professionals and entrepreneurs. By equipping 500 council members with essential skills, the initiative not only advances women's professional journeys but also aligns with Oracle's commitment to fostering diversity and inclusivity in the tech sector. Generative AI Integration - A Game-Changer for Enterprise Adoption Oracle's focus on solving real-world business use cases is evident in its announcement of the general availability of the Oracle Cloud Infrastructure (OCI) Generative AI service. This fully managed service integrates large language models to address diverse business use cases, now supporting over 100 languages. The service's multilingual capabilities, improved GPU cluster management, and flexible fine-tuning options position Oracle as a leader in driving enterprise AI adoption at scale. Conclusion: Oracle's Cloud-Powered Vision for the Middle East As Oracle ( NYSE:ORCL ) expands its operations in Dubai and strengthens its cloud infrastructure across the Middle East, the company is not just responding to regional demand but actively shaping the digital future of the area. The combination of technical prowess, strategic partnerships, and a commitment to diversity positions Oracle as a key player in the region's evolving technological landscape. With the integration of generative AI, Oracle ( NYSE:ORCL ) is not only staying ahead of the curve but is also providing businesses with the tools they need to thrive in the era of digital transformation.
NYSE:ORCLLong
by DEXWireNews
PYTH AIMS 25% HigherPYTH has been on a decent climb after a massive sell-off. It managed to reclaim the VAL after the retest of the trendline breakout. all bullish signs and with bitcoin providing a nice bullish pump into the weekend, it'll provide a bullish narrative to fuel the altcoins this weekend. The levels are marked on the chart where I expect PYTH to have a retracement, until then, a long aiming for the VAH seems like the higher probability trade. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
Fundamental Factors Influencing Oracle's Stock at Pivot PointsOracle Corp, the software giant, has reported a slowdown in its cloud computing business, causing its shares to drop more than 7% . The company has projected fiscal third-quarter revenue to be below estimates due to strong competition in the cloud computing market and an uncertain economy, negatively impacting cloud service demand. According to Bloomberg, this slowdown has fueled investor concerns that the software maker’s expansion efforts have yet to gain ground in the competitive market. Oracle's cloud revenue rose 25% to $4.8 billion in the period ended November 30, after registering a 30% gain in the previous quarter, which represents the second consecutive quarter of slowing growth. In the fiscal second quarter, Oracle's sales increased by 5% to $12.9 billion, slightly below the average estimate of $13.1 billion. However, the company's profit, excluding certain items, stood at $1.34 per share, beating the average estimate of $1.33. The company has attributed its slowdown to an uncertain economy and intense competition in the cloud computing market, which has caused a decline in cloud service demand. The news of Oracle's slowdown in cloud computing has caused many to question the company's ability to compete in an increasingly crowded market.
NYSE:ORCL
by DEXWireNews
Oracle: Docked! 🔗🚢The ORCL share price continued to climb, reaching the turquoise Target Zone (coordinates: $115.76 - $122.90). The magenta-colored wave (2) should now be completed within this range, the high of which should be followed by a countermovement to the downside. Currently, the upward momentum has flattened somewhat, but can still hold at the high levels. Accordingly, we expect a further rise within the described Target Zone - although from a technical perspective, the minimum requirement of wave (2) in magenta has already been met. After the reversal, we expect the downtrend to continue.
NYSE:ORCLShort
by MarketIntel
LINK ($CHAINLINK) Price Rally to ContinueWhales have been the major contributors to the Chainlink price rally. The LINK could retrace partially before a rally to $20. Oracle service provider Chainlink (LINK) has been one of the star performers in the altcoin space while clocking nearly 90% gains just over the last month. The LINK price is currently trading around $15 levels with its market cap around $7.9 billion. Chainlink Whale Accumulation The 200 largest chainlink whales have added huge quantities of LIBK coins over the last two days. Reportedly, they have been accumulating even before the 100% LINK price rally began. Revisiting October 17th, when $Chainlink traded below $7.40, the 200 largest wallets swiftly accumulated an additional 40.18M $LINK. Two days after, the asset witnessed a remarkable surge of +125% in a span of 25 days, currently stabilizing around ~$14.60. The holdings in these wallets have sustained at elevated levels ever since. After a strong price rally earlier in November, Chainlink is witnessing some sort of volatility over the last week. In the last 24 hours, the LINK price is down by 5.09% and is currently trading around $14.30 levels. Chainlink appears to be on the verge of breaking out from a bullish flag pattern! A potential scenario involves a retest of the breakout zone around $14, paving the way for Chainlink ( BIST:LINK ) to advance toward the $20 mark. SWIFT Collaborate With Chainlink To Transfer Tokenized Value Swift’s successful collaboration with Chainlink and over 12 prominent financial institutions showcased the efficient and secure transfer of tokenized value across both public and private blockchains, facilitated by CCIP. In this collaboration, Chainlink served as an enterprise abstraction layer, securely connecting the Swift network to the Ethereum Sepolia network. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) played a crucial role in ensuring complete interoperability between the source and destination blockchains.
BINANCE:LINKUSD.PLong
by DEXWireNews
2
ORACLE: Channel Down bottom buyOracle is on a bearish 1D technical outlook (RSI = 31.499, MACD = -1.720, ADX = 20.020) almost oversold as (with the exception of Aug 29th-Sep 11th) it is trading inside a Channel Down and the price is almost on its bottom. The 1W MA50 may make contact with the price there. This is a buy opportunity regardless (RSI oversold) and our target is the top of the Channel (TP = 106.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:ORCLLong
by InvestingScope
1
#TRB/USDT 5D (Binance Futures) Big descending wedge breakoutTellor Tributes printed a shooting star which probably marked the local top on that supply zone. RSI is quite overbought, a retracement down to 200MA at least would make sense. ⚡️⚡️ #TRB/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Short) Leverage: Isolated (2.0X) Amount: 4.7% Current Price: 38.512 Entry Zone: 38.997 - 44.129 Take-Profit Targets: 1) 30.911 1) 22.890 1) 14.868 Stop Targets: 1) 50.476 Published By: @Zblaba LSE:TRB BINANCE:TRBUSDT.P #Tellor #Tributes #Oracle #Web3 tellor.io Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +51.3% | +89.9% | +128.5% Possible Loss= -42.9% Estimated Gaintime= 3-9 months
Short
by TradingOn
ORACLE: Sharp correction may turn into a 1 year buy.Oracle is having a sharp sell off during September, the strongest since September last year (2022), which formed the market bottom. It is almost oversold on the 1D technical outlook (RSI = 30.957, MACD = -2.920, ADX = 37.867) with the price approaching the 1W MA50, which is untouched since November 7th 2022. On this 1W chart we have market the time of a 1W MA200 breach that was followed soon after with a strong rebound. Our trading strategy is to enter a long term buy and hold on the 1W MA50 and if by any chance (unlikely) tests the 1W MA100, then unload the rest of longs there. This will be an ideal long term buy opportunity (TP = 130.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:ORCLShort
by InvestingScope
3
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support. ⚡️⚡️ #BLZ/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (4.0X) Amount: 6.4% Current Price: 0.15552 Entry Targets: 1) 0.16459 Take-Profit Targets: 1) 0.12635 Stop Targets: 1) 0.18375 Published By: @Zblaba FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com Risk/Reward= 1:2 Expected Profit= +92.9% Possible Loss= -46.6% Estimated Gaintime= 4-8 days
BShort
by TradingOn
ORCL show an engulfment patternORCL show an engulfment pattern This chart shows the weekly candle chart of Oracle's stocks over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, the high points of Oracle's stock in June of this year and this month formed a small level double top shape, and were suppressed by the 3.414 digits of the golden section at the bottom of the figure! Although the weekly chart of Oracle's stock has not yet closed, it has now shown a large-scale engulfment pattern, completely engulfing the gains of the past three months!
NYSE:ORCL
by Think_More
ORACLE on a strong bullish break-out.Oracle Corporation (ORCL) made yesterday a break and 1D candle closing above the 0.618 Fibonacci level, confirming the bullish continuation bias with a standard technical break-out. The long-term pattern is best displayed by the Fibonacci Channel and as the stock price has just completed a 1D MACD Bullish Cross in more than three months, we are expecting a Higher High. Based on the last two Bullish Crosses after bottoms, the price has always hit the 1.5 Fibonacci extension before a new consolidation. That is currently at $136.00 and is our new short/ medium-term target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:ORCLLong
by TradingShot
3
ORCL Textbook Bull Pennant Coincident With Index Support CatchORCL Upside break-out of a Descending Pennant. Some things to note: Hold of 50 EMA within the pattern High volume entry into the pattern with descending volume throughout Notable pickup in activity on the upside break MACD Cross coinciding with break Throwback following the upside break that tracks along the upper bound of the pattern and is halted at the 50 EMA Measuring Implications for the pennant begin with a break out of a previous resistance to the top of the minor move that begins the pattern. The resulting move applies this distance to the beginning of the breakout of the pattern. I have marked and color coded two potential areas to take into account when measuring for price targets, and marked volume POI's to justify those as start-points for their measuring. PT1: 164 PT2: 143 SL: 50 EMA Break-down Some other things going on that I observe: SPX, DJIA, IXIC bouncing following minor (representing trend, not magnitude) decline VIX 200 EMA rejection. Still cemented below 20 for now. This analysis is for future price implications of ORCL. I currently hold a position entered on AUG16. Feel free to reach out for questions, including a review of a textbook pennant. Manage Risk Only invest what you are willing to lose I warrant that the information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
NYSE:ORCLLong
by BarnardR
Bitcoin about to pump? First public TA using OracleHello, after working for over 2 years on my indicator Oracle and Oracle-Signals , i think its time to start sharing some TAs using these 2 indicator. In my future TAs, i wont write much about news, fundamentals, market structure and and and. I simply let my indicator talk. 1. Introduction - Oracle: What you see on the bottom, is Oracle. In these 2 years i tried to improve it, tried to add confirmation signals and added other nice features. The second part of Oracle is named Oracle - Signals (On the chart). The Oracle - Signals indicator, helps me to spot incoming reversal easier, as it contains a lot filters and conditions. (For example the red/green colored candles) 2. So what is oracle telling me right now? Lets have a look at the daily BTC chart. As you can see, i marked, bullish breaks from the past with yellow arrows. Each of these signals played out perfectly and the entries were near the local bottom. There are a few rules how to enter/exit such trades. But #1 rule is, enter a trade only when the RSI closes above a resistance trendline or closes below a support trendline, with at least 2 confirmations (which all come from these 2 indicators). First what i do is, i wait for some early signals of a potential reversal. Right now Oracle prints strong hidden bullish divergences and a exhausted trend on lower timeframes. Confirmed by the bullish cross on the Wavetrend, Oracle - Signals printed a doji candle and also the candle from yesterday was a green buy candle. After spotting these early signals, the most important part comes now. Looking for a trendline on the RSI. If there is none, then we ignore all the early signals and wait for the next opportunity. But right now, there is a trendline. I already drew that trendline on the RSI. A close above this trendline today and this is a confirmation for a incoming pump. Not forget to mention is that BBWP (A indicator made by @The_Caretaker) which shows volatility, is printing 0 = low volatility (blue columns in oracle on the bottom). So the next move could be a bigger one. What happens after the daily RSI closes above the trendline today? There are 3 outcomes: Pump right away: It starts to pump without any retraces Golden Pocket retest: Draw a fib retracement from yesterdays low, to todays high and long the golden pocket. StopLoss: Wick below last local low ($28663 BTC/BUSD), invalidates this long signal These indicator reads work on all timeframes pretty well. On traditional market charts even much better. So if anyone has come down to this part of the text: I am open to do some TA for other assets using my indicator. This would help me to understand the signals more. Write me a comment with the asset name and timeframe and ill try to share some charts.
BLong
by iBeardy