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Chart of the Day: Is Oracle Attempting a Breakout?

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January 4, 2023

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Oracle has performed better than most technology and software companies, and now it may be attempting a breakout.

The first pattern on today’s chart is the triangle that took shape in December. Prices ended 2022 slightly above the top, and buyers jumped in yesterday.

Second is the $84.50 level. It was resistance in …

For more, please click here to view the related idea and chart analysis on TradingView.

Oracle (ORCL), *daily chart with selected patterns and indicators, courtesy of TradingView*.

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