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ORCL
Benzinga
7 hrs

Oracle Shares Rise 4% After Key Trading Signal, Hitting Intraday High

1. ORCL triggered a Power Inflow alert at $310.16 on October 16. 2. Bullish momentum was noted from both retail and institutional traders. 3. ORCL's price peaked at $322.54 following the Power Inflow signal. 4. The alert indicates a strong potential for continued buying activity. 5. Order flow analytics highlight significant bullish intraday gains.

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FAQ

Why Bullish?

The Power Inflow indicates strong buying momentum, historically linked to immediate price increases.

How important is it?

The alert provides strong signals of buying interest that could impact trading decisions significantly.

Why Short Term?

Power Inflow signals typically lead to immediate price spikes, evidenced by ORCL's recent intraday performance.

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