ORCL Bearish: Breakdown Below 255 Eyes 241 then 230Oracle CorporationBATS:ORCLbbqgioOracle (ORCL) has rolled over on the 1D chart after its September peak, confirming a short-term downtrend. Price is below the 20/60 MAs and has closed under the lower Bollinger Band, while a clean Double Top is confirmed with a decisive break beneath the neckline around 280. The latest bearish engulfing candle adds momentum to the downside and frames 255.00 as the line in the sand. Primary path: a daily break-and-hold below 255.00 favors continuation toward the MA120 near 241.39, with extension into the measured move area at 234.00–230.00 if 241.39 gives way. If price retests 255.00 from below and rejects, that would strengthen the bearish case and improve risk-to-reward for shorts. Resistance sits first at the reclaimed-neckline zone 280–284, then higher at 316.00. Alternative: if buyers quickly reclaim 280–284 (or a daily close >285.00), the breakdown is likely a trap and a squeeze toward 316.00 becomes feasible. For tactical risk, shorts initiated on a breakdown can use 268.00 as invalidation; aggressive longs off 241.39 need a firm reversal signal and should invalidate on a daily close