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Thursday, September 16, 2010

Oracle Corp. (ORCL) Stock Analysis 9/16/10

By Tim - http://stockstobuy.org

The following is Oracle Corp. (ORCL) stock technical analysis for September 16, 2010

Oracle Corp. (ORCL) Support & Resistance Levels - 9/16/10

Resistance Levels: $26.63, $27

Support Levels: $25.80, $25

Oracle Corp. (ORCL) reported better than expected earnings on Thursday which caused the stock to spike significantly. In afterhours tonight, Oracle Corp is trading at $26.48 which is near the 52 week high. On Friday, Oracle will have resistance located at $26.63 followed by $27. Pullbacks below $25 are now a storng buy.

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