$Oracle(ORCL)$
What this suggests is that absorption of the 136-140 range is mostly done. From here, two things could happen. If PPI/CPI surprise badly, that's a macro hit and there's nothing to be done about it. If they come in as expected or better, that would be the first sign for institutions.
Then there's ASML and TSM. If both show demand is here, that clears the second fog behind this week.
After that, it will probably test lower. My assumption is a retest of the 135 support, maybe even 133, and if liquidity isn't as bad it could start the race for analyst day with a target around 150 USD.
Just an assumption, but the way it moved from 136 to 140 and back so easily suggests someone is in real control.
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