Apr. 20 at 8:56 PM
$BE anyone disagree?
• Unfilled Gap: Technically, the
$182.50 gap from last week's Oracle news remains unfilled. In 80% of cases, these "News Gaps" eventually get touched.
• Overbought Risk: The Stochastics are currently at 83.23, which is deep in the "overbought" territory. This suggests the current rally might be "exhausted" in the very near term.
• Warrant Pressure: The
$400M warrant held by Oracle acts as a structural anchor. Large investors may still wait for a deeper pullback before committing massive capital.