July 14, 2013

Death Cross of ORACLE

  • Oracle daily chart shows 200 and 50 day SMA about to do a Bearish Death cross.
  • Daily chart is trying to fade the GAP and has closed below 20 Day SMA with a bearish Engulfing pattern.
  • More weakness for the stock on falling below 31.05. For strength price has to sustain above 20 Day SMA.
  • BOEING BEARISH VOLUME SPIKE
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