AdamDavis
08-10

$Oracle(ORCL)$  Call flow was strong last week. ORCL held the 144 resistance and broke out to $147. If it can reach 150, there's a chance it pushes toward 160-165 going forward. Plenty of solid new deals in the pipeline. Capex fears seem to be fading, and that makes sense. MSFT earnings were a big positive for ORCL and helped ease those capex concerns. This isn't some small player spending cash — ORCL is a giant with a ton of revenue streams.

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