Oracle leans on important support - Analysis - 22-03-2021

Oracle's stock (ORCL) fell in the intraday levels, leaning on the support of 66.09, while seeking a bottom to bolster it higher anew, amid the dominance of the main upward medium-term trend, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to return higher, targeting the first resistance of 70.06. 

Expected trend for today: Bullish