Best Indicator Is Your Eyes
Price Action Trading of Daily charts will give you the "TRUTH" of any stock or chart. This chart is telling you that when ORCL has earning on 3/19/18, price action will FALL. Price action will probable GAP down too. Don't fight markets or trading train will run you over, instead be on the train. $48 is good support area on chart (red line). In Pre market on Monday, you could sell stocks or look into cash secured put options...Good Luck in trading.
Price Action Trading of Daily charts will give you the "TRUTH" of any stock or chart. This chart is telling you that when ORCL has earning on 3/19/18, price action will FALL. Price action will probable GAP down too. Don't fight markets or trading train will run you over, instead be on the train. $48 is good support area on chart (red line). In Pre market on Monday, you could sell stocks or look into cash secured put options...Good Luck in trading.
Kommentera:
If you really want to buy this stock, wait in PA hits around $40-$41, support on weekly charts.