$Oracle(ORCL)$ 45 million shares shorted against a 3.03 billion share float really did the work. Those shorts pulled it off even with the broader market up, with only ORCL among tech mostly moving higher, and CRWV getting pushed around as well. Another day passes, and this one should get moving tomorrow.
That rent line on $Microsoft(MSFT)$ is how I see it as well. As long as it holds above 500 while the market grinds higher, those puts just bleed a little each day and buy some peace of mind. They only stop being rent if 500 gives way on a close.
$Oracle(ORCL)$ This stock is strange for day trading, and the technical setup is in an odd spot. We should have dropped to 119 already. Sellers came in very aggressive trying to break support, but they failed. This could honestly go either way, but we are sitting in a support zone and it is consolidating. I am leaning bullish, and if it manages to break to the upside, it is going to be a violent break.
$Oracle(ORCL)$ SP should go parabolic once the AI center comes online. That's only a few weeks out. It's depressed right now, so I'm watching for a triple from current prices. Just my honest opinion.
$Oracle(ORCL)$ Stop with the complaints. We reached over 131 today and kept pushing higher after hours. This stock will pay off eventually. Some of the whining in here is really testing my patience though. I'm about to start hitting the Block button again.
$Oracle(ORCL)$ ORCL has been solid and steady since this morning. There is news that Nvidia is working with Oracle on a “backstopping” contract to make sure ORCL can carry out its massive data center plan without being affected by the debt concern. Once the news is formally announced, it should push ORCL over 200 effortlessly.