Update on ORCL, still looking Bullish
Continue to be bullish on ORCL.
On the daily chart you can see we are testing that resistance around $47.30 but we are creating a nice ascending triangle which is a bullish signal.
We are above the EMA50 but the EMA200 is right overhead ($47.68) and provides major resistance for us to push through. We'll see if the bulls can push us through that this week.
On the daily chart you can see we are testing that resistance around $47.30 but we are creating a nice ascending triangle which is a bullish signal.
We are above the EMA50 but the EMA200 is right overhead ($47.68) and provides major resistance for us to push through. We'll see if the bulls can push us through that this week.
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