Price Action & Setup (1-Hour Chart)
Oracle just ripped out of a multi-day downtrend, clearing the diagonal resistance and launching past the 320 pivot. After tagging 329.5, it’s flagging near 326.7. Support now lines up at 320.4 and 315.9 — a solid shelf from the breakout. As long as price holds above 320 on hourly closes, the uptrend remains strong.
Momentum Read MACD on the 1-hour is bullish and expanding, showing solid momentum. Stoch RSI is high (near 80+), which may invite brief sideways cooling or a shallow dip to reset before the next leg.
GEX (Options Flow) Confluence Options positioning supports a continuation move:
* Highest positive GEX / Call resistance: around 320 (now flipped to support)
* 2nd Call Wall: ~330 (65% call concentration)
* Next Call Wall: ~345, then ~360
* Major Put Supports: 297.5 and 285 Staying above 320 keeps dealers hedging upward, which can squeeze price toward 330 and 345.
Trading Plan
* Long continuation: Look for an hourly close above 329.5 for a breakout push toward 335–345. Stop below 320 to protect capital.
* Retest entry: A pullback to 320–315 that holds can be a high-reward re-entry.
* Short scalp: Only if 315 breaks hard, with a quick target near 297.5.
Option Angle Short-dated calls in the 330–345 strike zone are attractive if ORCL keeps closing above 320 with rising volume. Bears could eye puts near 300 if a breakdown under 315 occurs.
Bottom Line ORCL is in fresh breakout mode. Holding 320 flips the old ceiling into a new floor. Bulls can lean on this level for continuation toward 330–345.
Disclaimer: This is for educational discussion only and not financial advice. Always do your own research and manage risk.
Momentum Read MACD on the 1-hour is bullish and expanding, showing solid momentum. Stoch RSI is high (near 80+), which may invite brief sideways cooling or a shallow dip to reset before the next leg.
GEX (Options Flow) Confluence Options positioning supports a continuation move:
* Highest positive GEX / Call resistance: around 320 (now flipped to support)
* 2nd Call Wall: ~330 (65% call concentration)
* Next Call Wall: ~345, then ~360
* Major Put Supports: 297.5 and 285 Staying above 320 keeps dealers hedging upward, which can squeeze price toward 330 and 345.
Trading Plan
* Long continuation: Look for an hourly close above 329.5 for a breakout push toward 335–345. Stop below 320 to protect capital.
* Retest entry: A pullback to 320–315 that holds can be a high-reward re-entry.
* Short scalp: Only if 315 breaks hard, with a quick target near 297.5.
Option Angle Short-dated calls in the 330–345 strike zone are attractive if ORCL keeps closing above 320 with rising volume. Bears could eye puts near 300 if a breakdown under 315 occurs.
Bottom Line ORCL is in fresh breakout mode. Holding 320 flips the old ceiling into a new floor. Bulls can lean on this level for continuation toward 330–345.
Disclaimer: This is for educational discussion only and not financial advice. Always do your own research and manage risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.