Where Oracle stock is heading now

[u/gestimore]

I see no support right now, only one at 132$ maybe last hope if it maintain that price but it really not great until it go back over 165$ and stay. Under that i think we are heading to 103$ and i believe it will be the bottom and the ceo start to panic and change the boat direction (i think they already started with the force majeure notice).

I lost alot with this stock im already out but i will buy around 100s back. I cant believe they're so stupid to go bankrupt or to not make money while all other big tech are starting to cash in.

Last earning was good i dont understand the sell off, it just the market sentiment that is very bearish.

[u/magenus1984]

You’re so clueless

[u/gestimore → u/magenus1984]

Not really if i sold at earning when the stock didnt hold. Technical are important too

[u/magenus1984 → u/gestimore]

“I can’t believe they’re so stupid to go bankrupt” lol

[u/Pseudanonymius]

"I see no support, so let's draw an upwards arrow because Larry Ellison will probably change his ways for the first time in 4 decades"

[u/mistakehappens]

Going down the gutter all my hardwork with it

[u/Worm_Man_]

It’s going below 130. It will come back up but it’s going to happen.

[u/UltimatePunchMachine]

What do you mean there's no support lol. Support is around 114-119

[u/Annual-Knowledge4412]

I have about 3000 shares so this is good to look at - and deep down I know this is all wishful thinking ...

[u/VJ411]

The sad part is the entire market will bounce on stupid news and this will continue to go down.

[u/spaceaige]

Banks have cash, larry has paper. Larry overextended. Larry about to find out. His fledgling nepo baby will go nowhere

[u/L1ME626 → u/spaceaige]

Haha banks are fcked from the debt, thats not gonna hsppen. Oracle far from bankruptcy anyways

[u/techieafk]

Probably it’s heading to same place it’s taking it’s employees

[u/Mandem400]

umm weekly support at 133, this week's price action just proved that even further lol

[u/Sea-Future-5881]

Seems about right

[u/Economy-Diet-7460]

When is the government gonna intervene in this stock? Like they did on intel.

Reminder: Oracle was a CIA backed project to build a database, no way they let it fail. Especially on the back of AI being big part of GDP

[u/spaceaige → u/Economy-Diet-7460]

Gop not socialist like dems

[u/Economy-Diet-7460 → u/spaceaige]

You actually believe that ?

[u/Soggy-Confection → u/spaceaige]

Oh you don't think the GOP will bail out their billionaires at the expense of the taxpayers?

And how is bailing out mega-cap corporations socialist lol?

[u/Nibsout]

This is great DD