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Today’s instrument is Oracle Corp.’s stock traded in the NYSE exchange under the ticker ORCL. 

Looking at the ORCL’s chart, we can see that the stock has been in an uptrend, with a significant rise yesterday at the last price of around $116.50, which could be justified by the market’s positive anticipation on the quarterly earnings, which were announced last night after the market closed. Therefore, today, we should expect the share price increase to be continued, and potentially test the 52W high at $117.51, and if it passes that level then it will form a new 52W high.

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