September 24, 2012

ORACLE Trend update

  • First chart is of the daily time frame which shows the steady up move of Oracle.
  • 2nd chart shows the approaching resistance level of Oracle in weekly time frame.
  • Resistance level is also the 78.6% Retrace level. Weekly MACD is showing some weakness but continue to stay in Buy mode It may give a sell signal if the Up trend line gets broken.

No comments:

Post a Comment