$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.
Abhishek Ananda
2024-03-12 13:33:02 +0000 UTCNick
2024-03-12 11:18:08 +0000 UTCBenjamin Davis
2024-03-11 21:55:18 +0000 UTCGareth Neary
2024-03-11 20:59:08 +0000 UTCNick
2024-03-11 20:57:06 +0000 UTC