ORACLE CORP HOURLY CHANNEL AND WEEKLY VIEW

ORACLE CORPORATION WEEKLY AND DAILY

• WEEKLY CHART OF ORACLE IS SHOWING A KIND OF RISING WEDGE. BUT THE CURRENT CORRECTION HAS MET WITH SUPPORT ON THE BOTTOM TREND LINE AROUND 22.
• IF THE TREND LINE HOLDS A RALLY IS POSSIBLE TOWARDS 27.
• THE 30 MINUTES CHART SHOWS A CHANNEL FORMATION WITH NEGATIVE DIVERGENCE. THE STOCK MAY FALL TO 22.00 AGAIN.