Oracle (ORCL): Is a Pullback Coming?

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Hi Traders! I’m spotting something interesting on Oracle:

A sharp overnight sell-off left a price gap around $202, suggesting potential for a quick correction to fill that zone.

The RSI has dropped from overbought levels into a neutral zone near 50, signaling waning bullish momentum.

What to Watch:

Will ORCL tap that $202 gap soon?

Could the RSI stabilize at ~50 and resume upward, or continue south?

Is this a normal mid-week pause or the start of a deeper pullback?

What do you think?

Are we in for a gap-fill correction?

Or does this look like a healthy consolidation before another leg up?

Would love to hear your readings of the charts! What levels or indicators are you watching?

Penafian

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