Thursday, September 5, 2019

The best stock to buy in September

One of my favorite stocks throughout the whole year is Oracle , my interest in that stock has been increased since the break of all time high of $46 which was back in 2017 but specially this year i was very much more interesting after price broke the $53 level to indicate for me that there is still further bullish move left in that stock 

Lets take a look at the chart now and try to see why it could be a good time for us to consider buying this now , first lets talk about earnings which will come out later this month which could be a big factor for any possible movement also we would argue that this current retracement is so deep and therefore price might not recover back towards the high of $60.27 which was back a couple months ago , right now price has formed a new higher high higher close which still indicate a further bullish move and still this will not be invalid unless price break below $49.91 with the fact that price started to indicate a pullish movement over the last 2 days so that would indicate a pretty decent entry to try to capture it now .

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