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Oracle Starting To Dip. Watch This Spot.



January 27, 2011 – Comments (0)

Oracle Corp.(NASDAQ:ORCL) is trading slight lower this morning. The stock is trading lower by 0.29 cents to $32.26. Recently, the stock is made fresh new nine year highs. The next important support area for Oracle stock will be around the $31.95 area. Traders can look for a small short term intra-day bounce around that level. Please remember that it is always prudent to watch the intra-day trend as support levels will not hold or last very long if the trend is down.

Nicholas Santiago

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