$Oracle(ORCL)$ 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.
$Defiance Daily Target 2X Long ORCL ETF(ORCX)$ $Direxion Daily ORCL Bull 2X ETF(ORCU)$
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