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ORCL Short Setup

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Oracle Corporation (NYSE:ORCL)  
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NYSE:ORCL   Oracle Corporation
Trend Analysis Chart Patterns ORCL
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trendanalysis chartpattern orcl
Not sure of the reason, may just be because it's over-extended. Or could be that they own Javascript which is the source of the huge hack that hit headlines today. Also was pushing 30 p/e..

(Opinion only)

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May bounce up to test these prior supports where I think we fail again.. but trade safe. Gluck (Not advice)
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Appears to be a bear flag setting up for a mid-day dump in my opinion.
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Flood gates about to open under 100,
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Bearflag after bearflag so far today.
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Re-shorted here.
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First support reached.

*Boom
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