Oracle attacks pivotal resistance - Analysis

٦ يناير ٢٠٢٣

Oracle Corporation's stock (ORCL) extended its gains and tackled the pivotal resistance of 84.50, amid the dominance of the upward correctional short-term trend, while buoyed by trading above the 50-day SMA, with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the resistance of 90.70, provided the resistance of 84.50 was breached.