After a strong multi-month rally, Oracle (ORCL) recently broke below its short-term trendline, signaling a cool-off in momentum 📉 after months of steady gains.
Currently, price is holding around $275, with the next key weekly support near $249, which could offer a technical rebound opportunity if buyers step in.
The $181–$185 “greedier” support zone remains on the chart its a great swing position but high risk of not reaching it since reaching it requires a deeper tech correction.
📊 Technical Levels
Weekly Support: $249
Deeper Support (High-Risk Of not reaching it): $181–$185
🧠 Fundamental Insight
Oracle continues to strengthen its AI-driven and cloud-focused ecosystem ☁️, transitioning from traditional database services to high-growth enterprise cloud infrastructure.
Cloud services revenue continues to grow at double-digit rates, led by OCI.
Strong free cash flow supports steady dividends and ongoing share buybacks.
Expanding partnerships in AI, ERP, and autonomous data management place Oracle in a favorable position against major competitors like Microsoft and AWS.
These strong fundamentals maintain a long-term bullish bias, even amid short-term volatility.
✨ If you find this analysis useful, please don’t forget to like 👍 and follow for more technical & fundamental updates.
Currently, price is holding around $275, with the next key weekly support near $249, which could offer a technical rebound opportunity if buyers step in.
The $181–$185 “greedier” support zone remains on the chart its a great swing position but high risk of not reaching it since reaching it requires a deeper tech correction.
📊 Technical Levels
Weekly Support: $249
Deeper Support (High-Risk Of not reaching it): $181–$185
🧠 Fundamental Insight
Oracle continues to strengthen its AI-driven and cloud-focused ecosystem ☁️, transitioning from traditional database services to high-growth enterprise cloud infrastructure.
Cloud services revenue continues to grow at double-digit rates, led by OCI.
Strong free cash flow supports steady dividends and ongoing share buybacks.
Expanding partnerships in AI, ERP, and autonomous data management place Oracle in a favorable position against major competitors like Microsoft and AWS.
These strong fundamentals maintain a long-term bullish bias, even amid short-term volatility.
✨ If you find this analysis useful, please don’t forget to like 👍 and follow for more technical & fundamental updates.
Uwaga
currently testing the uptrendZlecenie aktywne
Let's See if the greedier Weekly support holds great entry for swing trade position Wyłączenie odpowiedzialności
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
