$ORCL This one is ruthless enough.
From 166.22 straight down to 146.2— a 9.3% drop finishes within a single K-line. The lower shadow almost hugs the intraday low on the close—selling pressure wasn’t absorbed, and bulls didn’t even manage to gather enough strength for a rebound. Trading value is 105 million, with volume at 675,000 lots. Such volume can smash it down—this isn’t something a small capital can pull off.
On the chart, 146.2 is the current floor. If it breaks, we’ll see whether the previous low’s dense area around 140 can hold. Above, 160 has now turned into resistance; if a rebound can’t push through here, that will confirm weakness. Set the stop-loss below 142. First aim for 158, then see whether it can reclaim 165—risking 4 to regain 12 is worth it.
Fee rate 0.0000%—neither bulls nor bears added leverage. That suggests this drop was driven by spot selling, not a leveraged liquidation cascade.
The question is: with a floor built by an order of 100 million in trading value, can the next four-hour candle hold up?
#ORCL
From 166.22 straight down to 146.2— a 9.3% drop finishes within a single K-line. The lower shadow almost hugs the intraday low on the close—selling pressure wasn’t absorbed, and bulls didn’t even manage to gather enough strength for a rebound. Trading value is 105 million, with volume at 675,000 lots. Such volume can smash it down—this isn’t something a small capital can pull off.
On the chart, 146.2 is the current floor. If it breaks, we’ll see whether the previous low’s dense area around 140 can hold. Above, 160 has now turned into resistance; if a rebound can’t push through here, that will confirm weakness. Set the stop-loss below 142. First aim for 158, then see whether it can reclaim 165—risking 4 to regain 12 is worth it.
Fee rate 0.0000%—neither bulls nor bears added leverage. That suggests this drop was driven by spot selling, not a leveraged liquidation cascade.
The question is: with a floor built by an order of 100 million in trading value, can the next four-hour candle hold up?
#ORCL