$Oracle(ORCL)$ A lot of people here seem to be betting that ORCL will drop, judging by their posts and reactions. That could actually work in favor of pushing ORCL higher faster.
$Oracle(ORCL)$ Not going to sugar coat this. Trading ORCL has been very ugly, but somehow I've managed to profit on every trade so far. Looking at that pink trading range, I've been gradually accumulating as it approaches the bottom, and selling as it approaches the top. That setup has worked over the past 2 months. Once we get into the 2-4 week window before the next ER on Dec 9, I'd rather hold and sell ahead of the announcement. In the past few quarters, ORCL rallied just before the ER and then dropped afterwards. $Defiance Daily Target 2X Long ORCL ETF(ORCX)$ $Direxion Daily ORCL Bull 2X ETF(ORCU)$
$Oracle(ORCL)$ Why do you think Larry Ellison canceled his $7.5B stock sale? That would have been less than 5% of his holdings. Then you have the $665B in backlog and the near triple digit AI cloud growth shown in the past few ERs. They have more than enough cash in the bank for the next 1-2 years of temporary cash burn before raking in the moolah. The stock is hovering around the 50 DMA, forming a strong base. I don't care if it is $135 or $150 now. Looking for $300s by end of 2027, $500s by end of 2028 and possibly $1000 by 2030. I can wait. And AI is here to stay whether you like it or not.
Oracle is showing signs of life. One day doesn't change a trend, but the relative strength and the bullish engulfing session in progress is notable. Follow-through and a push over the 146 area to end the week would be constructive. $Oracle(ORCL)$
$Oracle(ORCL)$ All the bears have crawled out from wherever they were hiding and are keeping me busy with the block button. Give it a few days, they'll be right back once this takes off.
Not $Oracle(ORCL)$ specific. This looks like another coordinated run on retail in the AI datacenter space. Big money is rigging the market again to force a retail shakeout, just so they can turn around and have us sell them our shares at bargain prices. I can't stand the manipulation. For now, the shorts are on the side of the criminals.
$Oracle(ORCL)$ Friday showed a strong bullish options flow divergence, with net call premiums above $13M while net put premiums dropped below -$3.9M. Price closed the week right at the tip of a triangle pattern, putting the stock at a key technical inflection point. Watching for a potential breakout this week. If bulls gain momentum, the 50-day moving average at $145.22 will be the first major resistance to watch.