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Oracle Price Levels to Watch as Stock Sets Record High
ORCLOracle(ORCL) Investopedia·2024-10-10 03:35

Key TakeawaysOracle shares hit a record high Wednesday on growing investor enthusiasm for the company's reach into the artificial intelligence market.The stock traded in a three-year rising wedge before staging a decisive volume-backed breakout above the pattern last month, though the RSI indicator warns of overbought conditions.Investors should monitor important lower levels on Oracle's chart around $146, $127, and $100, while also watching a bars pattern bullish price target around $250. Oracle (ORCL) sha ...