ORCL Ready for a Pull back before rally to 150 final target?
After the drop and downgrade from JP Morgan from 112 to 100. Oracle completed its (4) wave. Possible completing a subwave 1 (blue color), price looks losing steam, so maybe it is time for a healthy pullback to wave 2 (yellow box) and continue for the best wave 3 rally and get the target at the golden ratio.
Of course, news could invalidate this count, but in the bullish scenario, this is the road map I believe could get Oracle to 150 around.
Good luck!
Of course, news could invalidate this count, but in the bullish scenario, this is the road map I believe could get Oracle to 150 around.
Good luck!
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