Could Oracle Corp move down to the 81 level?
|Today’s instrument is the Oracle Corp. stock traded in NYSE exchange under the ticker ORCL.
Looking at the ORCL’s chart, we can see that on the 10th of March, the stock gapped down due to the worst-than-expected announced results and that it was lastly traded at around $84.55. The resistance level is located at around $86 and the support level at around $81, and today we expect it to be traded within this range.
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