The analyst predicts a bounce in Oracle (ORCL) stock soon after a significant decline, expecting a dead cat bounce (DCB).
Oracle has been down 19 of the last 24 days, dropping about 45%, so a bounce is overdue.
$ORCL
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.7% | +1.8% |
| 1 week | -5.7% | -7.0% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |