⬤ Oracle's stock took a sudden hit on Tuesday when it ran straight into dense volume territory and triggered a fast selloff. The tech giant's shares had been climbing steadily through the session before hitting resistance near the mid-220 level around 4 PM. That's when things changed fast—selling pressure kicked in hard, and the stock nose-dived toward $208 as trading activity exploded.
⬤ The chart tells the story clearly: a strong green candle showing the earlier climb, then a sharp red candle marking the reversal. What made this move particularly aggressive was how it lined up with historical high-volume zones—areas where lots of trading has happened before. When ORCL pushed into that liquidity pocket, it essentially walked into a trap that amplified the decline.
⬤ This kind of volume-driven breakdown matters because it shows how quickly sentiment can shift when a stock hits critical trading levels. For Oracle, moving from steady gains to a sudden 12-point drop in minutes raises questions about near-term stability. Traders are now watching whether ORCL can find support or if more pressure is coming around these major liquidity areas that clearly pack a punch when tested.
Usman Salis
Usman Salis