ORCL - Rising Trend Channel [MIDTERM]
- ORCL shows strong development within a rising trend channel in the medium long term.
- It also gave positive signal from the double bottom formation at the break up through the resistance at 79.52.
- Further rise to 96.32 or more is signaled.
- ORCL has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- ORCL has marginally broken up through resistance at 90.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
- It also gave positive signal from the double bottom formation at the break up through the resistance at 79.52.
- Further rise to 96.32 or more is signaled.
- ORCL has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- ORCL has marginally broken up through resistance at 90.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
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Threads: threads.net/@wavepoint99
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For more info:
Threads: threads.net/@wavepoint99
Telegram: t.me/Wel_99
TradingView: bit.ly/43y7zC6
Twitter: twitter.com/wavepoint99
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