Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture

Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture

Key Takeaways

  • Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise software company will form a joint venture with OpenAI and Japan’s SoftBank to build AI infrastructure.
  • After trending downwards within a falling wedge since late November, Oracle shares staged a decisive breakout from the pattern on Tuesday.
  • Investors should watch key overhead areas on Oracle’s chart around $178 and $196, while also monitoring important support levels…

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https://www.investopedia.com/watch-these-oracle-price-levels-as-stock-surges-on-optimism-about-ai-joint-venture-8778306