Hi Traders! I’m spotting something interesting on Oracle:
A sharp overnight sell-off left a price gap around $202, suggesting potential for a quick correction to fill that zone.
The RSI has dropped from overbought levels into a neutral zone near 50, signaling waning bullish momentum.
What to Watch:
Will ORCL tap that $202 gap soon?
Could the RSI stabilize at ~50 and resume upward, or continue south?
Is this a normal mid-week pause or the start of a deeper pullback?
What do you think?
Are we in for a gap-fill correction?
Or does this look like a healthy consolidation before another leg up?
Would love to hear your readings of the charts! What levels or indicators are you watching?
A sharp overnight sell-off left a price gap around $202, suggesting potential for a quick correction to fill that zone.
The RSI has dropped from overbought levels into a neutral zone near 50, signaling waning bullish momentum.
What to Watch:
Will ORCL tap that $202 gap soon?
Could the RSI stabilize at ~50 and resume upward, or continue south?
Is this a normal mid-week pause or the start of a deeper pullback?
What do you think?
Are we in for a gap-fill correction?
Or does this look like a healthy consolidation before another leg up?
Would love to hear your readings of the charts! What levels or indicators are you watching?
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.