$ONON
Added 2024-09-18 11:34:52 +0000 UTC$ONON has been a fantastic chart for us since we have been following this closely over the last 18 months.
I went to Japan 12 months ago and reported to my surprise how popular this shoe was....it was quite literally everywhere, across all demographics, the price was under $25 at the time.
Price hit $50 yesterday.
Second Target is very close to hitting too, so we have not seen any rejection yet so let the price action guide you before selling
RSI is at 74, we so know its overbought now but again not seeing any signs of rejecting or turning just yet
I have added the amber support levels for the next potential ABC pull back.....and I like how the amber 0.38 Fib aligns with the First Target, so this is an area of interest
Likely meaning this entire structure has just completed Primary Wave 3 and the pull back next is Primary Wave 4 before moving higher.
