Oracle Under Early Pressure

Oracle Corp.(NASDAQ:ORCL) is trading slightly lower this morning by 0.18 cents to $31.35 a share. The stock comes under some selling pressure as the NASDAQ Index starts the morning in the red. Oracle stock will have some short term intra-day support around the $31.20 area and more support around the $31.05 area. Traders can watch these levels for small intra-day bounces.