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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day – How To Trade A Reversal In Oracle

Oracle Corporation Oracle Corporation ORCL
Deerfield,-,Circa,June,2019:,Oracle,Corporation,Location.,Oracle,Offers

Shares of Oracle Corporation (NASDAQ:ORCL) are trading significantly higher Wednesday. This comes after the company said that it won several billion-dollar contracts in the past quarter.

But some traders believe the move higher may be overdone, and they are considering how to position themselves for a possible reversal. This is why Oracle is our Stock of the Day.

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