ORCL Sep 23 – Fresh Breakout Momentum, Eyeing 330+ ExtensionOracle CorporationBATS:ORCLBullBearInsightsPrice Action & Setup (1-Hour Chart) Oracle just ripped out of a multi-day downtrend, clearing the diagonal resistance and launching past the 320 pivot. After tagging 329.5, it’s flagging near 326.7. Support now lines up at 320.4 and 315.9 — a solid shelf from the breakout. As long as price holds above 320 on hourly closes, the uptrend remains strong. Momentum Read MACD on the 1-hour is bullish and expanding, showing solid momentum. Stoch RSI is high (near 80+), which may invite brief sideways cooling or a shallow dip to reset before the next leg. GEX (Options Flow) Confluence Options positioning supports a continuation move: * Highest positive GEX / Call resistance: around 320 (now flipped to support) * 2nd Call Wall: ~330 (65% call concentration) * Next Call Wall: ~345, then ~360 * Major Put Supports: 297.5 and 285 Staying above 320 keeps dealers hedging upward, which can squeeze price toward 330 and 345. Trading Plan * Long continuation: Look for an hourly close above 329.5 for a breakout push toward 335–345. Stop below 320 to protect capital. * Retest entry: A pullback to 320–315 that holds can be a high-reward re-entry. * Short scalp: Only if 315 breaks hard, with a quick target near 297.5. Option Angle Short-dated calls in the 330–345 strike zone are attractive if ORCL keeps closing above 320 with rising volume. Bears could eye puts near 300 if a breakdown under 315 occurs. Bottom Line ORCL is in fresh breakout mode. Holding 320 flips the old ceiling into a new floor. Bulls can lean on this level for continuation toward 330–345. Disclaimer: This is for educational discussion only and not financial advice. Always do your own research and manage risk.