Oracle (ORCL) just completed a parabolic +20% move. Now it's flashing clear signs of exhaustion:
Bearish candle forming just below the EMA21
RSI spiked above 80 and is now curling down
Volume is fading while price stalls
Long upper wicks = visible selling pressure
This setup fits perfectly with my strategy: “The Eagle Trap” 🦅 — designed to catch short-term tops after euphoric rallies.
🔻 PUT thesis:
If price breaks below $212 with strong volume, targets are:
$208 → $202 → $198.
🎯 Invalidation:
If it reclaims $217 with heavy volume, the trade is off.
I don’t force trades — but I’m ready to strike if the breakdown confirms.
🔔 Follow me for real setups, weekly traps, and full strategy breakdowns.
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