ORCL: Trendline Broken, Swing Low Lost—Larger Correction Ahead?Oracle CorporationBATS:ORCLibraheeemzFor months, ORCL respected a strong rising trendline, with every pullback finding buyers before continuing higher. That bullish structure has now changed. Price has broken below the long-term trendline and, more importantly, has also closed below the recent swing low near 134, confirming a break in market structure. To make matters worse, the overall price action appears to be forming a Head & Shoulders pattern, suggesting the recent weakness may be more than just a normal pullback. 🐻 Bearish Factors 📉 Trendline Breakdown ⚠️ Market Structure Shift 🎯 Head & Shoulders Pattern The current structure resembles a classical Head & Shoulders reversal, with a measured downside target in the low 50s (if fully completed.) 🔄 Support Turned Resistance Unless buyers quickly reclaim the breakdown levels, rallies are likely to face selling pressure. 🎯 Bearish Scenario ➡️ As long as ORCL remains below the broken trendline and recent swing low, I expect the correction to continue. 🎯 Target 1: 116 (Strong Intermediate Support) 🎯 Target 2: 95 (Major Support Zone) 📉 Extended Target: Low 50s (Head & Shoulders Measured Move) ⚠️ What I'm Watching 👀 Before turning more aggressive on the bearish side, I'll be watching for: ✅ Failure to reclaim 134 ✅ Rejection from the broken trendline ✅ Increasing selling volume ✅ Continued weakness below key moving averages Those would strengthen the probability of a larger decline. ❌ Bearish Invalidation 🟢 A strong daily close above 150 would invalidate this bearish thesis, suggesting the breakdown was a false move and buyers have regained control. 💡 For now, the technical picture has shifted strongly in favor of the bears. Unless ORCL quickly reclaims its lost support levels, the path of least resistance appears lower, with 116 and 95 as the first key downside objectives before the larger Head & Shoulders target comes into focus.