I smell a head and shoulder for ORCL. Although profit wise its not really that big, but since ORCL is a very price efficient stock we can definitely load up and sleep nicely at the same time
Anyway the MACD is also pointing bearsihness and is positioned nicely for a H&S with the left shoulder having the highest point in the MACD while the head price wise is higher its volume and the momentum in the MACD has slowed..... They say a picture is worth a thousand words, in our case the chart so I will post it and be the judge yourselves.
