27-Dec-2011 - Has Oracle Corp (up 144 percent, ORCL) seen the light?

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Summary Free Membership     Add to watchlist     Email to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 23-Dec-2011) Oracle Corp. (ORCL)TechnologyLast: 26.06  (+0.37 pts, 1.44%)  Open: 25.78  High: 26.08  low: 25.75  Application Software Quick Summary The Stock is in Bearish Phase. The sellers have entered the market and pushing the price down. The Bearish Phase occurs when sellers have entered the market. The stock has recovered 5.4% from its recent low price of 24.72 which occurred on 18-Aug-2011. A close above 20-day moving average of 29.85 could mark low of 24.72 as a recent low. The closest support can be found at 26. The closest resistance can be found at 29.17. See Support/Resistance below for details. How to trade Oracle Corp.(ORCL)? Breakout Trade: The current price football jerseys is resting around the support level of 26. If the prices closes below 26 then a short/selling entry should be considered. Retracement Trade: Consider sell/shorting when the price retraces around 29.17 if you are aggressive. Alternatively, a conservative sell would be around 30.83. Risk Management: Consider risking somewhere between 1.749(6.71%) and 2.915(11.19%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock. Sign up for free membership to view complete report. (Available only for short time) Look up analysis for ANOTHER stock Sign up for complete report Free Membership     Add to watchlist     Email to friend To view complete institutional style report and recommendation on Oracle Corp.(ORCL), pleaseSign up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. MLB jerseys Read our analysis for ORCL and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership     Add to watchlist     Email to friend Market Phase:? Bearish This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Oracle Corp. is in the Bearish Phase. This indicates that the stock is in a downtrend. The sellers are pushing ORCL down. Short Term Trend:   (-10) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Oracle Corp.(ORCL) is currently strongly bearish. 3 Day Money Flow:     (+8) The money flowing for last 3 days in ORCL has been extremely bullish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free Membership     Add to watchlist     Email to friendPhase:?Bearish  Relative Strength:    (-4) EPS Growth(yoy):    (+7)  Fundamental:    (+9)  To view complete report on Oracle Corp.(ORCL)please NHL jerseys sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership     Add to watchlist     Email to friendIf you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills. If you buy stocks, sell stocks, or trade stocks, you may have asked your self the following question: What does upside and downside breakout mean? Breakout is price movement of a stock through an identified level of support or resistance. The upside or downside breakouts are traded with the presumption that the move will continue. Traders who keep an eye on the upside or downside breakout, generally, look for increase in the volume( number of shares traded ) for the breakout bar. Higher this volume, bigger and stronger the breakout. The traders will buy the stock when the price breaks above a level of resistance and sell when it breaks below support. The traders may also buy the stock when the price bounces from a support level with higher volume. Similarly, The traders may also sell the stock if the price declines from a resistance level with noticeable increase in volume. A downside breakout is also referred to as breakdown. This is usually a bearish sign. askStockGuru tries to identify both breakouts and breakdowns. It also checks for increasing volume.

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