Technical Analysis of Oracle - Oracle appears to be in a market phase that is gradually trending upwards, despite recent volatility and negative sentiment regarding the AI sector [2] - The stock has shown support at the $178 level, indicating potential for stability and a basing pattern, although the market has faced significant challenges [3] Technical Analysis of Micron - Micron is expected to continue its upward momentum, with a notable increase in trading volume and an upcoming ex-dividend date, which may attract more investors [4] - Traders are targeting the $320 level based on previous consolidation patterns, although the timing of reaching this target remains uncertain [4] Market Outlook - The overall sentiment for the US stock market is positive, with expectations of continued growth in the early part of next year, countering fears of an economic collapse impacting the market [5]
AVGO, ORCL and MU Forecast – Stocks Look to Continue Upward Momentum