Stock Of The Day: Oracle's Hot Streak Could Be Cooling Off
1. Oracle's shares dropped after a recent 20% surge in three days. 2. The stock is now considered extremely overbought by multiple indicators. 3. Overbought stocks typically reverse; this could indicate a price decrease. 4. Traders are advised to be cautious when using numerous momentum indicators. 5. The stock's current position suggests it may head lower soon.