Oracle is setup in a nice bullflag ahead of earnings 3/9...
I'm looking for one more pullback towards 86$ before earnings...
Playing earnings is always a gamble but I like the setup here. I'm leaning Long with a target of 95$...
Earnings is Thursday night, February's job report is Friday premarket. February's job report would definitely influence the market for better or worse.
I think if you want to take the long I'd wait for 86$ or after ADP non farm on Wed.
So first a pullback to 86-87 then 95
Hourly CCI,RSI, and MFI overbought, it will pullback from these levels before earnings
I'm looking for one more pullback towards 86$ before earnings...
Playing earnings is always a gamble but I like the setup here. I'm leaning Long with a target of 95$...
Earnings is Thursday night, February's job report is Friday premarket. February's job report would definitely influence the market for better or worse.
I think if you want to take the long I'd wait for 86$ or after ADP non farm on Wed.
So first a pullback to 86-87 then 95
Hourly CCI,RSI, and MFI overbought, it will pullback from these levels before earnings
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