MGI Analyst Blog
News and unfiltered commentary from analysts at MGI Research.
ORACLE: Break-on Through to the Other Side?
The overall tenor of Oracle management comments post its latest earnings announcement was very upbeat. While multiple headwinds persists, i.e. EU, stronger US dollar, launch of multiple new product initiatives such as Public Cloud, - the stock looks ready to try to attempt a break to the other side of the downward trend line.