ContraryTrader

Oracle post earnings

Long
NYSE:ORCL   Oracle Corporation
Really got this on wrong. In my previous you can see I had this Flag outlined and I thought we would see 100+ on a breakout but I discounted the pattern after the correction the market underwent. The type of 10% move that Oracle showed post market only comes from a pattern breakout.. Looks like the bull trend continues and the next target would be 105-108 which would be its channel top

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