ORACLE AT SHORT TERM PEAK ?
https://www.tradingview.com/x/pGlBW5Ut/
Charts shows the 2 critical Fibonacci retracement % of Oracle in each stage of up trend since Mar 2020 Oct 2024 retracement at the peak will follow the previous stage of < than 40% and continue its up trend or extend to 50-70%
ATR at the peak of > 9
Daily chart with MACD at the trending up peak shows the bull is at its strongest momentum since Nov 2023
Based on vertical reflection target price calculation of target price at 190.00, short term hold or exit for next rebound
Support @ 155, 140
Stronger support @ 125
Charts shows the 2 critical Fibonacci retracement % of Oracle in each stage of up trend since Mar 2020 Oct 2024 retracement at the peak will follow the previous stage of < than 40% and continue its up trend or extend to 50-70%
ATR at the peak of > 9
Daily chart with MACD at the trending up peak shows the bull is at its strongest momentum since Nov 2023
Based on vertical reflection target price calculation of target price at 190.00, short term hold or exit for next rebound
Support @ 155, 140
Stronger support @ 125
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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.
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.