The tweet was deleted by the author.
But we saved everything 🙂.
Oracle said it attended AI Live in London last week.
The company thanked attendees who came to see AI in action. Details are being clarified.
ORCL is trading at $184.00, below the MA-20 ($205.09), MA-50 ($188.30), and MA-200 ($204.93), underscoring continued seller pressure across short-, medium-, and long-term horizons. The Ichimoku Kijun level for D1 stands at $212.77, marking immediate resistance above the current price; near-term support is found at MA-100 ($170.18) and MA-50 ($188.30), while key resistance levels are at MA-20 ($205.09) and Ichimoku Kijun ($212.77).
Momentum signals on D1 are neutral to weakly bearish, with MACD showing a neutral stance and ADX at low values, indicating the absence of a strong trend. Oscillators highlight oversold conditions: RSI sits at 42.98 and Stoch RSI is very low at 2.46, both pointing to potential exhaustion among sellers, while CCI confirms the negative tone at –79.42. BBP is deeply negative (–8.17), revealing seller dominance in intraday action. ORCL has gained just 0.13 (0.07%) since the previous weekly close of $183.87, remaining in the lower part of the weekly range; weekly volatility stands at 8.78%, reflecting recent sharp swings and a steady pullback from last week’s high.
For the coming week, the expected price range is $176.50–$192.50, reflecting typical volatility and keeping ORCL well above the 52-week low ($134.82) but far from the 52-week high ($345.72). The probability of a price increase appears very low (less than 20%) based on weekly signals, making further declines more likely. Baseline scenario: the stock stabilizes within the corridor as oversold signals counterbalance lingering selling. Bullish scenario: a rebound toward $188.30–$192.50 emerges if oversold conditions spark a recovery. Bearish scenario: a break below $181.00 could trigger further downside toward $176.50, in line with prevailing momentum and resistance clusters.
Previously it was reported that Oracle continued to experience persistent downward pressure, with technical signals indicating limited probability of an imminent bullish reversal. In light of current developments, traders should watch for sustained movement above resistance levels as the critical indicator for any shift in trend direction.