Oracle Corporation
Largo
Actualizado

Trading ORCL's price discovery phase!

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Oracle enhanced its A.I. capabilities through acquisitions: Datafox (2018), Nor1 (2020), Federos (2021), and Newmetrix (2022).

According to TipRanks, the average price target is $101.07 with a high forecast of $140.00 and a low forecast of $82.50. The average price target represents a -4.55% change from the last price of $105.89.
Based on its seasonality, it tends to be bullish in July.
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I'm adding a Fibonacci fan to manage its trade its earning on June 12.
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I'm betting that ORCL will touch $113 on its earning report and wish that it stay above $113 during the trading hours.
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I could not believe that ORCL jumped before its earning report. So, I closed my aggressive bullish earning trade.
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