ORACLE: MARKET TOP Oracle appears to be developing an head-and-shoulders top on its daily chart, with the neckline at $120. Although ORCL has already fallen below its 200-day moving average near $157, the broader reversal pattern has not yet been confirmed. A sustained weekly close below $120 would strengthen the bearish outlook and could open the door to a deeper correction toward $90, followed by $60 if selling pressure intensifies.