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Stock Of The Day: Oracle's Hot Streak Could Be Cooling Off
OracleOracle(US:ORCL) Benzinga·2025-06-16 20:29

Shares of Oracle Corporation ORCL are gave back some of their recent gains on Monday. The shares rallied almost 20% in just three days, fueled by a strong earnings report and upbeat guidance.But now the shares are extremely overbought. We have made it our Stock of the Day because stocks that are overbought tend to reverse and sell off.Most of the time, a stock stays within its average or typical trading range.If there is aggressive and emotional trading, traders may push it below this range. When this happe ...