The shares of software stalwart Oracle (ORCL) may boast a 57.4% year-over-year lead, but the cloud company and artificial intelligence firebrand has taken a 17.7% haircut in price off its Dec. 9 record high of $198.30. Per the chart below, the pullback has in the first few days of 2025 has taken the stock out of a channel of higher highs brought on by a post-earnings bull gap from September. The good news is that this drawdown to end 2024 — and start 2025 — has ORCL testing a…
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https://www.forbes.com/sites/greatspeculations/2025/01/10/software-stock-buy-signal-has-never-been-wrong/
