Oracle tries to shake off negative pressure - Analysis - 23-09-2021

Economies.com
2021-09-23 11:33AM UTC

Oracle's stock (ORCL) returned higher with a 1.75% profit, with positive signals from the RSI, while trading alongside the main upward medium-term trend line, as the stock shook off negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting targeting the pivotal resistance of 91.10, provided it holds above 86.75. 

 

Expected trend for today: Bullish

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