Oracle is looking very good on weekly charts it gives a breakout on falling resistance trendline and gives a breakout on relative strength indicator too with very good numbers of volumes, seems it can give nice up moves from here.
CAUSE OF LONG-:
1- Falling resistance trendline breakout.
2- Relative strength indicator breakout.
3- Very strong volume breakout.
4- Combo of breakouts.
CAUSE OF LONG-:
1- Falling resistance trendline breakout.
2- Relative strength indicator breakout.
3- Very strong volume breakout.
4- Combo of breakouts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.