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Watch These Oracle Stock Price Levels as Talks With Elon Musk's xAI End
ORCLOracle(ORCL) Investopedia·2024-07-10 02:45

Key TakeawaysOracle shares shed 3% on Tuesday after a report from The Information said that talks between the computing giant and Elon Musk's xAI over a potential $10 billion server deal had ended.A bearish engulfing pattern has appeared on the Oracle the chart, a two bar price formation which indicates slowing upward momentum and a potential reversal.Oracle shares may encounter support at key levels including $134, $127.50, and $117. Oracle (ORCL) shares shed 3% on Tuesday after a report from The Informati ...