ORCL: That’s Why you Missed the 200 Break
Don’t overthink the $Oracle(ORCL)$ 261 break, that’s why you missed the 200 break
$Oracle(ORCL)$ traded under $200 for almost 5 months, but as soon as it reclaimed 200 it moved 25% in three days
That explosive move puts it right outside another key level: $260, the previous ATHs before a 100 pt gap up earlier last year
Trade Plan 🚀
$Oracle(ORCL)$ above 261
Day Trade: 6/5 280C
Swing Trade: 6/18 300C
A break through 261 will push $Oracle(ORCL)$ into the next demand zone, where buyers will quickly fill the 40 pt gap towards 300
When a name finally breaks out of a 5 month consolidation, they’re going to move hard. Don’t overthink these trades: wait for the key level break
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