Oracle's stock price extended its gains in latest intraday trading, piercing the pivotal resistance of 198.30, accompanied by a surge in trading volumes, with the dominance of the main upward trend as the price trades alongside the secondary upward trend line, while boosted by trading above the 50-candle SMA, but countered with negative signals streaming out of the Stochastic after reaching overbought levels, hindering upcoming gains.

Therefore we expect more gains for the price as long as it settles above $198.30, targeting the next resistance at $246.70.

Today’s trading range: Bullish

The price of (ETHUSD) settles high in its recent intraday trading, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, to reach the EMA50 in attempt to surpass its negative pressure, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which decelerates the rising attempts for the price rise.

The price of (BTCUSD) settled high in its recent intraday trading, to settle above the key resistance level at $106,000, supported by the emerging of the positive signals on the (RSI), amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, attempting to get rid of the negative pressure of the EMA50, announcing its full recovery.

The price of (Brent) declined in its intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to gain a positive momentum that might assist it to keep the main bullish trend on the short-term basis with its trading alongside a bias line, supported by its continuous support above its EMA50, which forms a support that keeps the positive scenario.