Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 7.99% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $50.00 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 below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Oracle
Basho Technologies Picks Up A Series G–How Many Letters Are Left?
Tue, 13 Jan 2015 05:01:00 GMT
Alibaba Health Subsidiary Settles With Oracle
Tue, 13 Jan 2015 01:58:10 GMT
The Wall Street Journal – Oracle will refund Alibaba Health Information Technology an $11 million deposit as part of a settlement over licensing of database management software.
Strong U.S. Dollar To Nick IT Spending Growth In 2015
Mon, 12 Jan 2015 19:30:00 GMT
Investor's Business Daily – Worldwide spending on information technology is on pace to rise 2.4% in 2015 to $3.8 trillion. That's up from the 1.9% growth seen in 2014 but down from an earlier 2015 forecast for 3.9% growth, research …
Altimetrik chooses Oracle HCM Cloud and Oracle ERP Cloud over Competition
Mon, 12 Jan 2015 18:36:31 GMT
noodls – Becomes an Oracle Project Resource Management Cloud Service in India New Delhi, India and Redwood Shores, Calif. – January 12, 2015 News Facts Altimetrik, a US-based Global Solutions Provider and Technology …
Google Looks to High Court in Software Copyright Case
Mon, 12 Jan 2015 15:29:16 GMT
The Wall Street Journal – Months after the Supreme Court chiseled away at patent protections for software, Google Inc. and other companies now want the justice to set limits on how software makers can use copyrights to assert exclusive …
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