Down 60% From Its Highs β€” Can Oracle Recover?

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Down 60% From Its Highs β€” Can Oracle Recover?Oracle CorporationBATS:ORCLFBMRTradingπŸš€ ORACLE REBOUND SETUP FROM MAJOR SUPPORT πŸš€ πŸ“ Entry Zone: 140 – 145 🎯 TP1: 180 🎯 TP2: 225 🎯 TP3: 300 Oracle is currently reacting from a major long-term support zone on the 4D timeframe, an area that has previously acted as a strong base for buyers. After the recent sharp correction, price is now back near the rising support trendline, while RSI is starting to stabilize near oversold territory. As long as ORCL holds above the 140–145 support zone, the setup favors a potential recovery move. The first key upside target is 180, where price may meet the first major resistance. If momentum continues, the next important target is 225, which also aligns with Piper Sandler’s price target. A stronger recovery in the AI/cloud narrative could open the way toward the 300 area as the larger swing target. Patience and risk management remain key. ━━━━━━━━━━━━━━━━━━━━━ FBMR Trading