Oracle

By Steve Abraham on Sep 21, 2007

Oracle was a technology leader during the tech boom of the late 90′s and early 2000′s. The company then lost some of its leadership while making many expensive acquisitions. Judging by yesterday’s earnings report, the company is capitalizing nicely and becoming a leading stock once again. Love him or hate him, you’ve got to credit Larry Ellison, Oracle’s iconic CEO, with reshaping the company after the dotcom boom. The stock brokeout today on big volume. The chart looks clean. I think we could see ORCL trading at $25 by year end.

ORCL Soars After Hours I mentioned ORCL, Oracle Corp., about 2 weeks ago when I pointed out the stock ...
ORCL Stock Retests Support ORCL, Oracle Corp, has retraced to a support following an upside breakout. The stock trading range ...
ORCL Breaks to Yearly Highs ORCL, Oracle Corp., has a great looking technical chart as it breaks out to new ...
F*ck Analysts I really question the existance of analysts. It's not like you can succeed at investing ...

This entry was posted on Friday, September 21st, 2007 at 3:32 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “Oracle”

By Aaron on September 24th, 2007 at 2:37 pm

Have to agree with you on this one. ORCL has really turned it around fundamentally and the chart shows the breakout on very strong volume. Looks like a winner.

By Katie Hurley on December 20th, 2007 at 2:56 pm

Yes, it has reached $25/share. I got in at $16 thanks to wizetrade.

By Elizabeth Pogue on January 5th, 2008 at 1:13 pm

Can you post a new chart? This chart is from last July. I can post my wizetrade chart if you’d like?

By Patricia Christiansen on January 11th, 2008 at 2:55 pm

Oracle looks good, but anytime a stock moves in a straight line upwards, investors get ancy and pull it down. Beware. Wizetrade advises also.