WallStScalper

Need an Oracle to decide which way!

NYSE:ORCL   ORACLE CORPORATION COMMON STOCK
Possible double top , 4th wave triangle or push through

The Fourth Wave Conundrum and Pseudo-certainty in play.

Nothing is for certain in this instrument. It's therefore not an object for investment right now.
Does that mean the analysis is in vain. NO!
It gives us the opportunity , when uncertainty is resolved we will with high probability know what will happen and the we invest.

The options:

  • Double top and 19'ish as target,
  • Triangle wave 4 for a while,
  • A push through and a possible EW target of 55'ish for the 5th wave - Harmonic target is a little higher. If this 3rd option play out we would also see divergens eliminated. But the instrument is now in overbought territory .... so on the edge.
Stay Sharp on Charts at:

The WALLST Scalper
where to now?
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