Saad Ullah
⬤ Oracle's stock has been breaking through support after support, now trading around $217 after several consecutive down days. Sellers have pushed the price below the 50-day, 100-day, and year-to-date AVWAP indicators, and the stock is closing in on the 200-day moving average—a level that often acts as a last line of defense.
⬤ From a technical perspective, the main risk is a break below the 200-day moving average, which could open the door to deeper targets near $200 or even $170. That said, some market watchers don't expect the 200MA to break easily, viewing it as a meaningful support level that could hold despite the current selloff.
⬤ What's important here is that nothing has changed with Oracle's fundamentals. This decline appears to be purely technical—a price-driven retreat rather than a reflection of the company's actual business performance. The chart backs this up, showing a clean move lower as ORCL approaches the 200-day moving average, a level closely watched by institutional investors.
⬤ For traders and investors, this is a critical moment. The 200-day moving average often acts as a major trend indicator. If Oracle can hold this level, it could stabilize sentiment and bring buyers back in. But if it breaks through, expect more market-driven weakness ahead. Right now, it's all about technical levels—not fundamentals—driving short-term price action.
Saad Ullah
