Oracle Stock Stares into the Abyss

After shares of software giant Oracle Corp (ORCL) already dropped about 20% in 2015, according to my analysis the stock has plenty further to drop in 2016. While there are fundamental concerns around the company’s growth, the charts are flashing a very bearish signal that needs to be respected. Active investors could look to play the stock from the short side, tactically.

Watch the video for the analysis and trade setup:

 

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