Oracle collects profits - Analysis - 31-03-2021

Oracle's stock (ORCL) fell 0.82% in the last session on profit-taking while gathering positive momentum to help it rise anew, while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher anew and target the resistance of 73.55, provided the support of 66.00 holds on. 

Expected trend for today: Bullish