No directional bias on ORCL ahead of earnings; outcome is viewed as a 50/50 gamble with targets at 180 (up) and 140 (down).
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but the big one here is Oracle. Oracle will report. This is going to be huge for the AI buildout. the data centers, the hypers scalers. This is a big one, folks. Right now, trading lower today.
I have no good read on this going into earnings. Um, if it pops, I could see it going as high as around 180. There's a big level at 180. If it drops, you might see a move back down to 140.
So, basically, we're trading at 160. It it tells you that it's basically a 50/50. If it rallies sharply, I have my level. If it drops sharply, I have my level. But going into earnings, there is no major bias that will enable me to make money in that way. At least not without gambling, right?
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