lauralea

ABC Bullish

Long
NYSE:ORCL   Oracle Corporation
Seems this undervalued company has issues getting going and staying going (o:

A few Rising wedges slowed it down a long the way, but appears to be recovering from it's last fall and short interest is low.

NV and OBV are both high showing interest..

Stop is often placed under C..

ABC is a measured move pattern. There is also a bearish ABC pattern and the target is D. It is a correction pattern within a larger pattern as a rule C can not be under A or you are looking at another pattern.

Just an observation...trade safely
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