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