Oracle has earnings coming up next week, on June 20th. However, if the often-overlook tech giant can hold it together after the report (read: not lose $31), the beauty of the monthly chart cup and handle (purple lines) bullish setup just below all-time highs from 2000 is apparent.
$36-$36.50 is the big breakout trigger above. A confirmed breakout projects a move well into the $40’s.
That “handle” may need more time to form. But I love that not many talk about Oracle these days.
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great idea
Thanks!