OptionsPlay DailyPlay

The bearish DailyPlay we chose for Tuesday September 1st is Oracle Corporation (ORCL). ORCL is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 4.15% move lower as both trends remain bearish.

Oracle Corporation has been in a strong bearish trend since 6/18 as it continues to show negative momentum with a technical score of 4 (out of 10). ORCL looks positioned to continue its strong bearish trend lower towards $35.

View this trade idea on $ORCL