Oracle Finds Support

By

Gary Morrow

 | Dec 31, 2012 | 2:30 PM EST

As the week begins, Oracle (ORCL) has dipped into a very solid support zone. The stock is coming off a powerful breakout move that pushed shares into overbought territory. Over the last seven sessions, ORCL has been in pullback mode and may have reached an area where a new base can develop with today's recovery from early weakness.

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