$ORCL #WEEKLY #2023 forecast
A huge rally in $ORCL topped in November 2021:
Upon completion of a five wave up rally we always expect a large A down, B up C down structure.
Let’s zoom in:
The normal target for that A-B-C down is to re-test the low made by wave 4 down of one degree lower, the low of the previous large pullback (39.70, the March 2020 “pandemic” low).