SamSuka
The Long Investor
The Long Investor

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$ONON

$ONON earnings report is out tomorrow before the market opens and overall the structure is clearly bullish.

So a positive beat tomorrow with no surprises and this is on a fast track route to our Wave 3 target at the 1.618 Fib at $39.

Any blemishes from the report and the price can drop down to the 0.618 Fib at $29, which is also where the 50 Day MA is, then 200 Day MA is and also the wedge breakout level.....so if there is a pull back to this level and it holds, this is a buy signal for me as this is a very strong confluence level.


$ONON

Comments

Could you please explain what are you looking for when you say holding? sorry, I'm new to this and would want to learn. would you say the price is holding if the price doesnt close below 29 in 15 min time frame? Just trying to understand

Abhishek Ananda

Just broke down to 28.78$. Will you still add or other plan?

Nick

And a “hold at $29” is it falling to that level or just below and a close above $29 for the day?

Benjamin Davis

I want a hold at $29 and I’ll buy

Gareth Neary

Hoping for a pullback so I can get in 😅

Nick


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