Watch These Oracle Price Levels as Stock Jumps on Strong Earnings, Amazon Partnership
Oracle(ORCL) Investopedia·2024-09-10 02:46
Key TakeawaysOracle shares surged nearly 9% in extended trading on Monday after the enterprise software company posted better-than-expected fiscal first-quarter results and announced a multicloud partnership with Amazon.Bulls defended a retest of a prior trading range in early August before driving a rally of more than 11% from last month’s low ahead of the company’s quarterly results.Investors should monitor shorter-term and longer-term price targets in Oracle shares at $154 and $180, respectively, while e ...