Ever since Oct of last year, ORCL has been in a clear downtrend, especially after breaking that 270 support.
Each and every time ORCL attempted to bounce back since then, it almost always dropped back below the starting line (shown in those blue lines) within a few days after the start of that rally.
This time around, ORCL has hold up well above the neckline (green line around 183). Let's see if it can hold above this line for the rest of this week.
