DailyPlay for Tuesday September 1st, 2015 – Oracle Corporation (ORCL)
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.