Oracle emits more negative signals - Analysis - 09-01-2020

Oracle's stock fell amid the dominance of the downward correctional trend in the short term, marking a loss of 0.06% and breaching the main upward trend line recently, with negative signals from the 50-day SMA, with negative signals from the RSI. 

Therefore we expect more losses for the stock, targeting the support of 52.55 anew. 

Expected trend for today: Bearish