Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Oracle's stock kept rising in the short term amid the dominance of the main upward trend with support from the 50-day SMA and the RSI despite reaching overbought levels, marking a 0.28% profit on Thursday.
Therefore we expect more gains, targeting the first resistance at 57.07.
Expected trend for today: Bullish