$ONON is being well behaved here, 5 Waves up, followed by a well structured 3 Waves down and losing the 200 Day MA here today too, we did not expect this to hold either, the blue line is at $25 and the 0.618 Fib which is the standard support level for Wave C is at $23.68, some members are interested in starting a position here but should wait until this comes down further and finds support.
$ONON for me is one to watch to buy and hold for a potential 5 X gain over the next few years.