CFD Trading – Sell Oracle Corp (ORCL.NAS) @ $76.30. Stop @ $79.90 and Target @ $70.70

Oracle Corp Stock Code ORCL.NAS

Price broke and closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion line and Base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago and below the cloud, confirming the bearish price trend. MACD is bearish and is hinting at a bearish price trend. If price is unable to move above the cloud, it could be heading towards the previous low support at $70.66.



$76.30                Sell

$70.70                Price Target

$79.90                Risk Management Stop

3 weeks              Trade Duration

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