Oracle stock just had its biggest surge in 6 months, rising 24% between June 9 and 16, from $174 to $216.
📌 Why did the price go up?
🟢 Strong quarterly results. A 12% revenue increase and 15% profit increase YoY, beating analyst forecasts.
🟢 Cloud services are booming. Oracle has grown 20% against Microsoft and Amazon.
🟢 New defense ecosystem. Oracle announced a national security tech alliance in the US on June 17.
💡 How traders are using the momentum
Oracle stock moves 4% to 6% daily, especially during the NYSE open hours — great for short-term strategies.
Example trade:
Deposit: $100
Trade amount: $30
Leverage: 20x
If the price moves by 3%, you get:
$30 × 3% × 20 = $18 profit (+60%)
🔗Link to register 👉 https://olymp.gl/BuOqg
📨@olymptradersignal