I’ve been watching with great interest to see whether Oracle (ORCL) is going to pull it together and bounce at critical trend-line support or whether it is going to break below it and eventually establish lower-lows under $40. 
Right now, I say it is still bullish until proven otherwise, but the window of opportunity for ORCL is quickly closing and is going to need to find some buyers to keep its rally intact.
I don’t see this as a trade opportunity for today, but rather for tomorrow. If we see the bounce materializing in the early going, then jumping on to the long side as a swing-trade may very well be worth it, as it only presents 2% of risk to your position if you place the stop-loss at $39.95 with solid upside to the $44-46 price range.
Here’s the technicals on ORCL right now:
