The Long Investor
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$ORCL
🕑 Added 2025-04-25 13:02:15 +0000 UTCI believe $ORCL continues to look attractive here and I believe it is still in its impulse wave and we are looking to confirm Wave 5 next.
Price has been holding on the Wave 4 pull back level on the 0.5 Fib at $129 and we have Wave 5 completing at the 2.618 Fib at $235.
Only if there is a break down below the 200 WMA will mean a possible invalidation below the blue line which is an infringement upon the top of Wave 1 so the impulse wave can not be valid.
So once the price holds above $106 then this can move higher as shown.
