Technical Analysis: Oracle Looking bearish on the weekly chart:
-Completed a head and shoulders topping formation
-Broken below 52-week long term average
-One year plus rising trend line was taken
-Breakout accompanied with pick up in volume levels
I am looking for an initial target at major broken resistance at 36.40, should turn to support now. Lets see how things unfold.
Best of Luck , join me at twitter.com/thefxchannel
Also at my Facebook page thefxchannel.com
My best regards,
Technician
-Completed a head and shoulders topping formation
-Broken below 52-week long term average
-One year plus rising trend line was taken
-Breakout accompanied with pick up in volume levels
I am looking for an initial target at major broken resistance at 36.40, should turn to support now. Lets see how things unfold.
Best of Luck , join me at twitter.com/thefxchannel
Also at my Facebook page thefxchannel.com
My best regards,
Technician
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
