Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $40.00 short call and a strike $45.00 long call offers a potential 12.61% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock rose above the $45.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Oracle is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Oracle is bearish.
The RSI indicator is at 52.9 level which suggests that the stock is neither overbought nor oversold at this time.
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Tue, 06 Dec 2016 13:00:00 GMT
PR Newswire – REDWOOD SHORES, Calif., Dec. 6, 2016 /PRNewswire/ — Oracle Corporation today announced that its second quarter fiscal year 2017 results will be released on Thursday, December 15th, after the close of …
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[$$] NetSuite Could Drag Down Oracle's Margins
Mon, 05 Dec 2016 20:45:00 GMT
Barrons.com – Pacific Crest Securities The biggest surprise from Oracle’s event following the NetSuite acquisition is Oracle’s intention to run NetSuite as a separate entity. In a presentation that focused primarily on how NetSuite customers and partners will benefit from the acquisition, Oracle management highlighted its intention to leave NetSuite as a separate entity forever. The focus of the event was to demonstrate to NetSuite’s customers and partners that Oracle will increase resources for NetSuite to help it develop and sell more products, in more geographies, at a faster rate.
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