Oracle’s bullish divergence

13 may 2022 42
Maria_Yudina
Maria_Yudina

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Since the end of March, Oracle has been moving in a continuous downtrend. Yesterday the price was slightly below the support at 70.5. Perhaps, already reaching the support, Oracle will turn around, because the DeMarker indicator is in the oversold zone and formed a bullish divergence. We expect the Oracle stock price to go up to the 73.5 level. 


Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
1st in the segment "US stocks"
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