After rallying in early 2016, the price of Oracle (ORCL) stocks has been in a range roughly between 38 and 42. Oracle (ORCL) Weekly Chart (click to enlarge)Range Resistance:- As we can see on the weekly chart, price is now pushing above the 2016 high and range resistance.- With a break above 42.00, price opens up the 45-46 highs.- Let's first see if price closes above 42.00 this week. If not, it is not a clear breakout, and some selling can be expected after a failed breakout.Oracle (ORCL) Daily Chart(click to enlarge)Breakout; Key Support:- The daily chart shows price breaking above a previous high from 2016. - The mid-point around 40.00, should be support if price is bullish. - So, if we see a pullback after the current, sharp, bullish push, we should anticipate support near or above 40.00.