Oracle's stock has been taking quite a beating lately. The question everyone's asking: is this finally the bottom?
Looking at the charts, there's some interesting price action happening. Support levels are being tested, and volume patterns suggest we might be seeing capitulation. But you know how these things go – catching a falling knife versus spotting a genuine reversal is always tricky.
What's your take on $ORCL here? Buying opportunity or still more downside ahead?
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FallingLeaf
· 12-04 16:30
ORCL still has some way to fall, don't rush to catch the knife.
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GateUser-6bc33122
· 12-04 16:08
Is this crappy ORCL still dropping? Let's wait and see, each bottom is lower than the last.
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ShibaOnTheRun
· 12-02 20:10
Bottoming out? I think it's questionable, this wave of getting dumped feels like it's not over yet.
Wait a minute, why do I always get fooled by these "bottom signals"... they said the same last time.
However, speaking of which, this ORCL stock does have some potential, it's just that catching a falling knife feels a bit tough right now.
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SeeYouInFourYears
· 12-01 17:00
The recent fall of orcl is really outrageous, it feels like we haven't hit the bottom yet.
To be honest, catching a falling knife is too easy to get hurt, let's wait and see.
I'll hold on until the bottom is confirmed, no rush.
Since the support has been broken, the rebound is an opportunity for shorting.
The trading volume has died down, this doesn't look like what a bottom should be.
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ETH_Maxi_Taxi
· 12-01 16:59
To be honest, I generally don't pay attention to traditional tech stocks like $ORCL, I still focus more on on-chain data.
Everyone says those who buy the dip have gone bankrupt, is it really that easy to pick up bargains?
Wait, what price has it fallen to? If I can buy something at a cheap price, it might be worth a try.
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GasGasGasBro
· 12-01 16:56
Those who bought the dip have all died before dawn, really.
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MetaverseHobo
· 12-01 16:48
Those who cut losses are crying, and now they want me to buy the dip. Do they really think I'm a sucker?
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LidoStakeAddict
· 12-01 16:42
I think this wave of decline in ORCL is just institutions Whipsawing, the bottom signal is super obvious.
Wait a minute, doesn't this look just like the trend before the last FTX collapse? I'm still going to observe.
With such a sharp fall, I'm a bit reluctant to buy the dip, afraid of getting trapped.
Oracle's stock has been taking quite a beating lately. The question everyone's asking: is this finally the bottom?
Looking at the charts, there's some interesting price action happening. Support levels are being tested, and volume patterns suggest we might be seeing capitulation. But you know how these things go – catching a falling knife versus spotting a genuine reversal is always tricky.
What's your take on $ORCL here? Buying opportunity or still more downside ahead?