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Here's Why Oracle Is a Buy on a Pullback

Oracle (ORCL) stretched its rally off the June low to an impressive 10% last week. This powerful surge began after shares built a very solid base near a major support zone.

,With heavy supply near the March peak now in play, Oracle may soon enter a pullback phase.

Three days after Oracle exploded to the upside back on March 16, the stock reached the $42 area. At this level, the stock was up over 28% from the...