ORCL buys Sun

It is official. ORCL will be buying Sun common stock for $9.50 per share in cash. Here is a quick look at the chart for ORCL from Elliott Wave perspective. Enjoy.

Elliott wave analysis of ORCL

Elliott wave analysis of ORCL

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About Ramki Ramakrishnan

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2 Responses to ORCL buys Sun

  1. Indy says:

    Do you see a gap between 18-19 march which may get filled on a possible 62% retracement?

  2. Vignesh Gopalan says:

    Dear Ramki Sir

    Any updates on Oracle after the latest quarter results yesterday? It seems to be moving on the downside? If possible, please give us an update on mid,short and long term for Oracle.

    Thanks

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