TWEET: $ONON
Added 2024-12-31 12:41:52 +0000 UTC$ONON Good start to this pull back but we want the 50 Day MA to be lost next and for the price to pull back to the 200 Day MA at $43 to complete the Handle.
Holding at $43 would be of interest to us to catch the next move higher
PT is then $96.
I would be keen to add here again at a lower level, I admire what this company is doing and its global reach.
Comments
Cap - would ONON be a decent hedge against NKE while NKE is in the gutter and working on its turnaround? I’m overweight in NKE, have some extra funds. Debating on going heavier in NKE or dipping into ONON if it approaches and holds at that $43 PT
Daniel
2024-12-31 12:45:40 +0000 UTC
