Oracle Is Not a Buy

ATTN: Sami Abusaad and James Rich Young's next Pristine Mentorship is on the calendar for October through December 2026. Spots are running out!

Thinking of buying the dip in Oracle (ORCL)? Sami Abusaad says no. See why in today's video:

The broader market enters the week in a precarious standoff between bearish breakdowns and key technical support. Sami Abusaad shows you the troubling pattern across major indices: Friday’s sharp sell-off completely erased Thursday’s bullish green bar on both the QQQ and SPY. While taking out a strong green bar is inherently bearish, the pullback landed directly into daily chart support, pointing to potential two-way chop rather than a fast decline decline. Meanwhile, small caps (IWM) and semiconductors (SMH) exhibit clear relative weakness. IWM is in a steep downtrend and SMH is dragging tech lower.

So it's time to be selective and look for longs and shorts.

• Long Candidates: Constructive basing and breakout patterns stand out in names like Allot (ALLT), Teva Pharmaceutical (TEVA), and ServiceTitan (TTAN). Plus, gold miners Galiano Gold (GAU) and Newmont (NEM) are looking very interestined.

• Short Setups: Vulnerable charts and prominent breakout failures offer clean downside opportunities, particularly in American Bitcoin Corp (ABTC), Oracle (ORCL), Rush Street Interactive (RSI), and Vistance Networks (VISN).

With earnings season heating up this week with Tesla (TSLA), Netflix (NFLX), SpaceX (SPCX) and others, key technical levels may be tested. Expect choppy, back-and-forth price swings over the coming days until the market establishes a definitive trend.

Only look for setups with the right risk-reward. You don't want to get steamrolled at a time like this.

Want to learn how he makes these gamebreaking ideas? Consider his Pristine Mentorship, which he co-leads with James Rich Young.

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