We continue to analyze the decline in Oracle stock.
In the previous idea, we reached the first target at 150, with price moving exactly along the projected path.
Wave 5 doesn’t look complete yet, so we expect further downside.
Before the next leg down, the price may pull back to around 165 or slightly lower.
Key targets:
Potential move from the current level: 11-21%.
A move below 100 is possible, but it’s too early to consider and seems unlikely for now.
Let’s focus on executing the current idea first.
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In the previous idea, we reached the first target at 150, with price moving exactly along the projected path.
Wave 5 doesn’t look complete yet, so we expect further downside.
Before the next leg down, the price may pull back to around 165 or slightly lower.
Key targets:
- 129
- 117 / 115
Potential move from the current level: 11-21%.
A move below 100 is possible, but it’s too early to consider and seems unlikely for now.
Let’s focus on executing the current idea first.
---
Subscribe and leave a comment.
You’ll get new ideas faster than anyone else.
---
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.