Technical Analysis Of Oracle Corporation

By AAATrade of AAATrade.com

Wednesday, March 15, 2023 6:51 AM EST

macbook pro on black table

Image Source: Unsplash

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

Looking at the ORCL’s chart, we can see that on the 10th of March, the stock gapped down due to the worst-than-expected announced results and that it was lastly traded at around $84.55. The resistance level is located at around $86 and the support level at around $81, and today we expect it to be traded within this range.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Oracle Corporation - 15/03/2023

More By This Author:

Daily Technical Analysis Of USDJPY - Tuesday, March 14
Technical Analysis Of Lennar Corporation - Tuesday, March 14
Qualitative Analysis: The Source Of Inflation, And A Minskian Dilemma

Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.