Victoria Bazir
Oracle (ORCL) is showing early signs of recovery after a steep selloff that pushed shares down nearly 30% in just one month. The stock appears to be finding support around the $220 level, with some technical indicators suggesting buyers may be returning. With Oracle's growing role in AI infrastructure and strong partnerships with Nvidia and Microsoft, the fundamentals could provide a foundation for a potential rebound.
Technical Picture Shows Stabilization
Oracle has fallen from the $320–$350 range but is now consolidating near current support levels.
Recent price action reveals early stabilization as the stock holds above the $220 zone. A high-volume green bar indicates renewed buying interest after the prolonged selloff, which has historically signaled short-term relief rallies in Oracle's trading pattern.
AI Infrastructure Demand Supports Fundamentals
The selloff comes despite Oracle's strengthening position in the AI infrastructure market. The company has become a major supplier of cloud and database solutions used for training and deploying large language models. Its partnerships with Nvidia and Microsoft—including operating GPU clusters optimized for enterprise AI workloads—continue to drive demand even during this technical correction.
Potential Upside Targets
If the $220 support holds and a clear reversal pattern develops, potential upside targets include $323 and $354, which align with previous resistance zones. Reclaiming these levels would signal a shift in sentiment and suggest institutional buyers are re-entering after the recent capitulation.
What to Watch
- Investors should monitor for higher lows, stronger volume on up days, and a reclaim of breakdown levels near $260–$270 as key confirmation signals .
- The $220 level remains critical — holding this support could set the stage for a move toward long-term upside targets .
- Any sustained break below $220 would likely invite another wave of selling and delay recovery prospects
Oracle remains at a critical juncture where support is being tested. The combination of AI-driven fundamentals and potential technical reversal makes this a key level to watch in the coming weeks.
Victoria Bazir
