Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 197.62

+1.2%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Finder who wrote (6792)	4/6/1998 9:25:00 AM
From: WBendus	Read Replies (2) of 19080

There has been significant technical damage in ORCL. It looks like the short term will take the stock to its 50 DMA around 27. The 200 DMA at 31.5 appears to be significant resistance. It is going to be a while before the stock gets to see $30 again. Furthermore, the banking sector, after today's announced merger of Citicorp and The Travelers, is going to steal momentum from technology stocks. Wayde.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next