See how the Rounding Bottom is playing out for ORCL. View live chart.
Gradual reversal from bearish to bullish.
Market participants tracking Oracle Corporation should note the latest formation. Currently at $191.43, the asset is showing upward momentum (1.74%). Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $200.71, targeting $266.85 with support near $167.64 (R:R 2.0).
What is your outlook on ORCL?