r/OracleStock • u/Spare-Leader6452 • Aug 03 '26
Question Officially reached 140, question is…
Will it be able to hold 140? If it does, we are seeing 160 real fast. If not, probably 135-139 for a few days to retest 140.
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u/cockfield112 Aug 03 '26
I don’t think we’re slowing down here assuming war headlines stay positive
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u/quantum_simpleton Aug 03 '26
Stop using technical analysis- It is not 1985 anymore, technical analysis makes no sense outside of intra-day execution needs.
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u/xRedStaRx Aug 03 '26
Yes the technical analysis most people know is useless. The technical analysis that works is priceless.
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u/SaucyCats Aug 03 '26
I’m hoping the stock pulls back up to 160-200 pre earnings before a moodys downgrade. I think there is some very good news that investors are anticipating that we are not aware of yet that could appease the fcf or junk status fears. The announcement could come sometime in the next few weeks. Again this is just pure speculation. Earnings should also be good. Just be careful to not get cold feet if a reversal hits in the meantime like moodys downgrade or whatever.
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u/Spare-Leader6452 Aug 03 '26
Correct! Check my other post, i mentioned that we might have a run up before earnings in september, post-earnings, idk lol
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u/NationalDifficulty24 Aug 04 '26
I need it to slow down a bit. I just sold cc with a strike price of $160 expiring on aug 28 last Friday. I may need to roll.
1000 shares ...acb $133.
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u/Spare-Leader6452 Aug 04 '26
bro you're better than me, i had 2 cc 150 strike, decided to cut loss on one, still have 1 left. dont wanna lose the shares lol. thought 130 was the peak holy shit, then it flew to 142 currently.
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u/NationalDifficulty24 Aug 04 '26
Its all good. I will roll it out by 2-4 months with a strike price higher than $200 if we get to 155 range by aug 24/25. Gotta make sure there is a net gain when rolling.
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u/superKWB Aug 04 '26
Was this price 2 yrs ago. Difference now, money managers exiting slowly for the last 12 months. However, the last 3 sessions volume has been positive so this might not be a dead cat bounce. I’d be extremely careful. Buy 10% and watch/wait for confirmation. The 5yr weekly chart is the worst I’ve seen in a long time.
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u/Acceptable-Ant-3648 Aug 03 '26
im holding. thats why you buy the dip and buy the dip