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Oracle (ORCL, i) now offers, in my opinion, a good risk-reward ratio for new long maneuvers. Chart-wise, the defended price mark of 140 USD signaled a bottom formation, and overall market sentiment is improving due to a possible end to the Iran conflict in the coming weeks. The Bank of America analysts are optimistic with a price target of 200 USD (Buy), partly due to the recently increased remaining performance obligations (RPO) by 325% to 553 billion USD. Although Oracle still relies on a few major customers, OpenAI was able to complete its record...
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