SamSuka
The Long Investor
The Long Investor

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$ONON - WATCHLIST -

TWEET:

$ONON held the $59 support line and 50 Day MA and has also made a higher high.....

Technically set up for a strong move higher

$ONON - WATCHLIST -

Comments

They don't share their manufacturing data, so it's an educated guess that they're using Vietnam, China, Indonesia, etc. Pretty much every shoe manufacturer has some of their work done in China, though. I like the company too and am debating an entry. If we hit $54.50 again, I'll likely open a position again.

Jeff Vox

Do you have data on this? I’d love to learn more. Could give an entry position

Chris H

At a minimum, I would expect a third of their manufacturing to be in China.

Jeff Vox

Very odd to have no pullback after this run up though? What do you think?

Chris H

Yup seems like it. Too strong!

Chris H

Is ONON’s manufacturing mainly in china? I wouldn’t be surprised.

Chris H

Are we not concerned this could tank if Trump announces 25% tariffs on China?

Jeff Vox

I was hoping for a handle as well, but it looks like it bounced off the 50 and the cup's lip

DiegoTheSabre17

No more correction to complete the handle in the cup & handle formation?

Chris H


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