Oracle driven lower by pivotal resistance - Analysis - 23-09-2021

2021-10-07 11:35:39 GMT (Economies.com)
 

Oracle's stock (ORCL) fell 0.16% in the last session after the pivotal resistance of 91.10 held on , while gathering positive momentum to pierce that resistance, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals out of the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 96.00, provided the resistance of 91.10 was breached.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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