Oracle extends gains - Analysis - 28-11-2022

Economies.com
2022-11-28 10:08AM UTC

Oracle's stock (ORCL) kept rising in the intraday levels, with positive pressure from the 50-day SMA, while buoyed by piercing the downward short-term trend line, with positive signals from the RSI, despite settling at overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 84.50. 

 

Expected trend for today: Bullish

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