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Oracle Is Setting Up Well for More Upside

Oracle (ORCL) has regained its footing this week. After a very volatile start to the month, the stock is showing signs of an upside breakout. Oracle finished Thursday at fresh November highs with the help of a 1.4% gain. Oracle investors should take on a more bullish view of the action as the week comes to an end.

During the Brexit selloff, Oracle stock suffered limited damage. As June began, the stock held the 200-day moving average after a steep pullback from the March highs...