Rising momentum is seen for ORCL L after mid-term stochastic oscillator performs an oversold crossover and rising momentum. Furthermore, the 23-period RSI has rose steadily above the zero line.
Meanwhile, price action saw continued upside coming after forming a pair of higher high and low. Ichimoku's conversion and base line has performed a crossover, indicating an early signs of uptrend returning. Will buy spot or wait for a small retracement until 1433.00. or 128.00 to enter a buy. 1st target at 180.00
Meanwhile, price action saw continued upside coming after forming a pair of higher high and low. Ichimoku's conversion and base line has performed a crossover, indicating an early signs of uptrend returning. Will buy spot or wait for a small retracement until 1433.00. or 128.00 to enter a buy. 1st target at 180.00
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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.