I have gotten long $ORCL calls here and now, and will add to the position on further weakness. Oracle has been broadening and each time it has come to the lower end of the range, it has bounced. Further, a proprietary OB/OS signal called Optex Bands developed by Optuma, provides another confirmation to get long.
I started a call position this morning, posted below and would add to this should we see weakness down to the horizontal support level drawn on the chart.
Filled Buy to Open 5 ORCL MAY 18 2018 47.0 CallLimit0.92—-10:55:05 03/23/18
OC