Oracle Corporation
Long

ORCL looking at a new returned upside

30
Rising momentum is seen for ORCL L after mid-term stochastic oscillator performs an oversold crossover and rising momentum. Furthermore, the 23-period RSI has rose steadily above the zero line.

Meanwhile, price action saw continued upside coming after forming a pair of higher high and low. Ichimoku's conversion and base line has performed a crossover, indicating an early signs of uptrend returning. Will buy spot or wait for a small retracement until 1433.00. or 128.00 to enter a buy. 1st target at 180.00

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