$Oracle(ORCL)$ Larry Ellison is really pushing hard in the cloud competition. Oracle's stock moves quite erratically during market hours and after hours, and overnight trading is also very active. I think Larry Ellison will deliver a beat on earnings, with a potential move of over 10-15%. That should easily push it past 250. If we're lucky to see 300, that's fine too. My point is, whether at $140 or $200, Oracle still looks cheap for its market cap. This one can move if people see value in holding it. I'm still holding to see if it can reach new levels. Don't sell your shares too cheaply.
Hoping to see $Oracle(ORCL)$ tap the 200-day moving average, which could provide a good call entry. That previous resistance area needed to be tested as support.
$Oracle(ORCL)$ If the price stays above $250 after Wednesday's earnings, a lot of traders who panic-sold at Friday's lows will probably be kicking themselves.
$Oracle(ORCL)$ Oracle is likely to hit its target price of $284 following the upcoming earnings call. It has been rapidly converting contracts into billing, and its largest customer, OpenAI, has cleared a path for an IPO without payment issues. A 30% rally could be in store soon.
$Oracle(ORCL)$ I've said this before: every pullback in an uptrend is a chance to add, not a reason to panic. I added aggressively below $230. The market rewards those who can overcome fear and punishes those who can't. That's how you survive and thrive as an investor.
$Oracle(ORCL)$ Looks like there are some hurdles due to market sentiment. Still looks decent overall. I know the momentum slowed because of the small reversal from 250 to 225. This dip could be a buying opportunity.