Hereโs what Iโm watching on $BR ๐
Open Interest has exploded to around $34.5M, up 226.82% in just 24 hours.
Thatโs a massive jump, showing a lot of fresh positions are entering the market.
But the more interesting part is positioning.
Around 63% of traders are currently short, while only 37% are long on the shorter timeframes. Even on the 1D timeframe, shorts still dominate at around 58%.
Now look at the top traders.
Theyโre leaning the other way, with a long/short ratio of around 1.40 b...
$ORCL down 56% from highs on debt concerns, but the setup looks mispriced.
Last quarter: repaid $4.2B debt, no new bonds issued, $20B equity raise complete. Management says no more bond issuance this calendar year.
Meantime, cloud infrastructure revenue up 121%, 300k+ GPUs delivered, backlog at $664B. Over $30B of new contracts require zero Oracle capexโcustomers prepay or bring their own hardware.
Stock at 17.7x this year's earnings guidance.
Debt narrative fading, growth accelerating, capi...
We cannot ignore this Chinese coin. ๐
Guyzzz, look again itโs testing the $0.16 resistance once again, and now it looks ready for a big pump.
The momentum has become very strong, the trend is also bullish, and buyers are back in control. ๐
If the trend continues like this, the next possible pump could take it from $0.17 to $0.18.
So yes, more pump is expected. Soon, we could see a big breakout. ๐ฅ
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