In less than 1 month, Oracle has ripped 14% higher with no pull backs in the last 7 trading days. This has reached the prior highs and is due to retrace back down to $48-47.50 at least. This was beaten down for no real reason, but this needs to pull back and find support before it's next leg up.
Heavy on 7/27 $48 puts for a high risk, quick swing trade
Heavy on 7/27 $48 puts for a high risk, quick swing trade
Thesis still stands, this needs to pull back and recharge before marching back above $50