$ONON - EARNINGS JUST RELEASED -
Added 2024-05-14 09:36:33 +0000 UTC$ONON is up +6% in the PM now after raising their 2024 guidance and said they expect 30% growth for the year.
For the last 2 months, this had moved sideways and yesterday the price tested the 200 Day MA and the 0.618 Fib at $29.92 exactly and held just before earnings, so a strong report today has allowed this to bounce on that strong confluence level.
Our impulse wave has not changed here and Wave 3 remains at $44.
Comments
This is one of the steady ones that I could sleep without looking at it. Thanks for the recommendation
Benson K
2024-05-14 09:42:31 +0000 UTC
