BUY! ORACLE CORP (ORCL) Nasdaq

  Report No. 990    Analysis by: Harry Aloof     MARCH 6, 2000

ORACLE CORP (ORCL-Nasdaq): Technical Viewpoint: From a low of $46 5/8 on Jan 28, 2000 prices rallied, reaching a high of $64 3/4 on Feb 11, 2000. A decline saw prices pull back, reaching a low of $56.31 on Feb 22, 2000. Another rally saw prices penetrate resistance, closing 3/3/00 at $75.00. Technicals: MACD Index (MACD): A Buy Alert! was given on Feb 25, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $67 7/8. Resistance: Is at $76 1/2. Point & Figure: Reversed to the upside on Mar 3, 2000. A P&F upside reversal takes place at $70 1/2. Summary: Technical indicators have turned bullish. BUY! ORACLE CORP (ORCL-Nasdaq) @ $75 1/4 Stop: Use a protective stop of $72 1/2. ORACLE CORP is currently trading @ $75.00 plus $6 1/2 on Mar 3, 2000. Price Objective: $93.00. Risk/Reward: $2 3/4 VS. $17 3/4. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$93.00 Risk/Reward:
$2 3/4 VS. $17 3/4 Risk/Reward Ratio:
6:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com