Oracle may rise to 195.00 - 201.80

Our pivot point is at 162.9.

Our preference

As long as 162.9 is support look for 195.

Alternative scenario

Below 162.9, expect 151.9 and 145.2.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 170.612 and 154.198).

Supports and resistances

208.5 **

201.8 *

195 **

188.4

174.77 (USD-last)

167.3

162.9 **

151.9 *

145.2 **

Number of asterisks represents the strength of support and resistance levels.