Verified Investing on $ORCL (Nov 6, 2026)

and the last arrow I want to talk about, which is kind of crazy, guys, is "Oracle" . You saw how Oracle achieved this remarkable rise and then plummeted from its highs last Wednesday by 26%; We're talking about a company whose market value reached nearly a billion dollars at its peak about a year ago , right?

So, the stock has fallen again by 26% from its highest level just last Wednesday. The stock has since recovered, but that doesn't tell the whole story. Take a look, guys, at the one-minute chart so you can understand the price movement.

Today at approximately 12:30, the stock inexplicably fell by 6%. I say unjustified because people didn't really know what was going on. But then some huge news broke . As you know, one of the biggest reasons for Oracle's continued success and high ratings is its heavy reliance on order books, right?

Contracts and deals with different companies. One of Oracle's biggest deals is with Microsoft. Now, Microsoft has issued a statement saying that it will not renew its cloud computing contract with Oracle because their graphics processing units are outdated and they need something else.

Therefore, some of these companies, such as "New Cloud" or other advanced and newer cloud computing companies, have begun to attract the attention of major companies such as "Microsoft".

Microsoft says it still needs it, but it remains to be seen whether it will contract with another company when its current contract expires, or whether it will build everything internally as other companies like Apple do.

However, that was not good news for Oracle. Oracle issued a statement saying that it still believes there is significant demand for its cloud products and services. Therefore, it will be interesting to see what happens.

We have since recovered approximately 5% from those low levels for Oracle stock. Therefore, it's a very strong rebound. The price is basically stable for today. But Oracle is approaching key support levels.

You are touching support levels dating back to 2024. That's below the "Liberation Day" levels, right? We had a "Liberation Day" here. We have fallen below the "Liberation Day" levels to these 2024 levels, and we continue to fall.

I think it's a great opportunity to pick up some stocks if you're interested in short-term trading.