See how the Diamond is playing out for ORCL. View live chart.
Indecision. Widening then narrowing range.
Bearish continuation if preceding move was down.
ORCL is showing interesting structural developments at $146.38. Currently at $146.38, the asset is showing upward momentum (0.79%). Price action has carved out a classic Diamond. Volume is average (0.5x avg) with moderate trend strength (19.9). A potential breakout level is identified at $136.95, targeting $102.14 with support near $154.35 (R:R 2.0).
What is your outlook on ORCL?