See how the Rounding Bottom is playing out for ORCL. View live chart.
Gradual reversal from bearish to bullish.
Reversal pattern after a downtrend.
ORCL is showing interesting structural developments at $184.29. With a last close of $184.29, volatility remains active (0.41%). Price action has carved out a classic Double Bottom. Volume is average (0.75x avg) with moderate trend strength (35.5). A potential breakout level is identified at $250.25, targeting $325.22 with support near $212.76 (R:R 2.0).
What is your outlook on ORCL?