$ONON continues to hold quite well between the amber 0.5 Fib and the amber 0.618 Fib which is a typical Wave C ending point.
And again it is another stock that is in a position to move higher if the market suddenly decides that it is time to go higher.
The 5 impulse waves up has been immaculate and the 3 ABC waves down have been perfect.
Lets see if this can continue holding support until the market can figure out its next move.