Oracle leans on SMA support - Analysis - 14-09-2021

Economies.com
2021-09-14 10:22AM UTC

Oracle's stock (ORCL) fell 0.88% in the last session while gathering momentum to help it rise anew, leaning on the support of the 50-day SMA, with the dominance of the main upward trend in the medium term, with positive signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 91.10, provided the support of 86.80 holds on.

 

Expected trend for today: Bullish 

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