Reasons for bullish bias: - Price gave triangle breakout - Price bounce from support - LH breakout - No divergence Here are the recommended trading levels: Entry Level(CMP): 78.74 Stop Loss Level: 58.74 Take Profit Level 1: 98.74 Take Profit Level 2: 110.26 Take Profit Level 3: Open
Reasons for bullish bias: - Price bounced from support - Bullish Harmonic XABCD pattern - Strong bullish candles at support - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 73.58 Stop Loss Level: 67.16 Take Profit Level 1: 80 Take Profit Level 2: 85.99 Take Profit Level 3: Open
Price has broken the downwards trend line with very bullish momentum. I'm expecting the upside to continue backed with positive analyst expectations.
ON Semiconductor Corporation ( NASDAQ:ON ) Sector: Electronic Technology (Semiconductors) Market Capitalization: 29.235B Current Price: $67.48 Breakout price: $68.50 Buy Zone (Top/Bottom Range): $66.65-$59.00 Price Target: $86.90-$88.50 (2nd) Estimated Duration to Target: 84-90d Contract of Interest: $ON 1/20/23 70c Trade price as of publish date: $6.30/contract
ON Semiconductor Corporation ( NASDAQ:ON ) Sector: Electronic Technology (Semiconductors) Market Capitalization: 27.464B Current Price: $63.50 Breakout price: $65.35 Buy Zone (Top/Bottom Range): $60.30-$55.40 Price Target: $72.00-$73.40(1st) Estimated Duration to Target: 49-54d Contract of Interest: $ON 4/14/22 65c Trade price as of publish date: $4.05/contract
ON's bullish energy continues! Strength through Q1 & Q2. Target Resistance: $52.84 43% growth potential (from this point) 'Possible" Minor Resistance and Support coming up.
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Expectations of Q2 earnings are low for ON Semiconductor, and last quarter performance was underwhelming as well. There is likely a short setup here, and with earning only a few days away on May 14th, it makes sense to find our short now. Resource: www.earningswhispers.com ---...
Analysts expect that ON Semiconductor Corp will report earnings of $0.16 per share for the current fiscal quarter, $ON posted earnings per share of $0.43 in the same quarter last year, which suggests a negative year over year growth rate of 62.8%. It is forming ugly double bottom if it breaks above $15.20 and gartley, bearish