Oracle Corporation
Long

ORCL - Up Or Down

221
ORCL's debt clock ticking and CDS are expensive.

Anyways, it's little bit oversold here. We can see a little bounce here.
Earnings next week can ramp this up a little. Prefer to play via shares rather than options.

Long anywhere here.

Target 1 - 223
Target 2 - 240
Target 3 - 252
Stop loss - 200, can be 180 but it's too wide.

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.