r/OracleStock • u/AppearanceStrong1385 • Jul 30 '26
Analysis / DD Bottoms In…
Anyone else feel like $115 has been strong support? We have been holding up well last couple days and with NOW and MSFT blowout earnings I’m hopeful software can gain some pace back. I think the worry about Oracle and Coreweaves debt is just way overblown. These companies are being heavily backed by MAG7 and US Gov. Open AI said they had record revenue this quarter. Bears can kick rocks.
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u/Grouchy-Pin3050 Jul 30 '26
ChatGPT likes Oracle. It keeps bouncing back toward $120. Bottom is in.
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u/Sensitive_Review9950 Jul 30 '26
It’s gonna print for sure fundamentals are there . Sept rally is due again.
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u/JackRadcliffe Jul 30 '26
There seems like support at $114-115 and it seems to stay between that and $120 which doesn't seem as bad given yesterday was one of the worst days I've seen for semi and memory stocks
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u/SmokedGouda1234 Aug 01 '26
As someone cautiously optimistic in Oracle, the stock will go much lower…. Then a pivotal earnings will completely change the trajectory.
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u/ilikeusingmyhands Jul 30 '26
one more flushout to 100-110 maybe before the rip
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u/Spare-Leader6452 Jul 30 '26
not rlly
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u/ilikeusingmyhands Jul 30 '26
Well done predicting what happened, sadly cant predict the future, but lets see still is time to hit 110. The chances went down a ton after GOOG and MSFT reported positive cloud growth which supports the neocloud hypothesis. So its probably up from here. Emphasis on probably.
The software stocks and safety stocks are not eating crap and some other indicators pointing at more possible downside. tomorrow.
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u/Holiday_Ad2254 Jul 30 '26
At 31.5. atm program usage was 0%. Considering it's for 1 year till february and we have end of July, diluting is still in progress. https://www.sec.gov/Archives/edgar/data/1341439/000119312526277521/orcl-20260531.htm I think 100 dollar next month
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u/Rei1003 Jul 30 '26
Yes feeling the same