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Oracle (ORCL) technical breakout confirms further upside

Oracle Corp (NYSE: ORCL) has doubled in value during 2025, consistently breaking into new all-time highs. This powerful surge establishes a clear bullish trend. Today, we analyze the underlying Elliott Wave structure driving this momentum. Our analysis outlines precise pathways and upside targets for the next leg higher.

Elliott Wave analysis

Oracle launched a strong 3-wave advance from its April 2025 low, pushing decisively into new all-time highs. This structure confirms an incomplete bullish sequence within the current daily cycle. Therefore, the rally has further room to extend.

ORCL completed Wave ((1)) at $260.87, then corrected to $218.79 in Wave ((2)). Subsequently, Wave ((3)) surged to $345.72 before the recent Wave ((4)) pullback found support at $297.75. The stock must now hold above this level to maintain its bullish structure.

Consequently, ORCL should now advance in Wave ((5)) toward the $361-$394 target zone. This area represents the equal legs projection for Wave ((3))-((5)). Ultimately, this rally will complete the larger Wave III.

Following this peak, a Wave IV pullback will emerge. This correction will create another strategic buying opportunity before the final Wave V rally resumes. Our Blue Box system will identify the optimal entry point for that next phase.

ORCL daily chart 09.23.2025

Chart

ORCL’s robust bullish structure will support the stock through all upcoming pullbacks. This creates strategic opportunities to buy daily and weekly dips using our Elliott Wave strategy. Traders should ideally enter positions after the stock completes a 3, 7, or 11-swing corrective sequence. Furthermore, our extreme Blue Box system pinpoints optimal entries with high precision. This methodology provides clarity and confidence for capturing the next leg higher.

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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