For Model Stock Portfolio sell short Oracle (ORCL) at the market. Current price $45.55, buy stop @ $47
Oracle has dramatically underperformed its peers as you can see from the chart below. In the last two years ORCL has been sideways while the industry group has stayed in sustained uptrend as shown by the Technology and Software chart at the bottom.
You can also see that we might be testing an earlier upthrust, or at least the upper end of its trading range. I feel we could see some downside ahead.
Good Trading
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