Power Plays New Idea: ONON
January 14, 2024

By Scott Redler

Name: On Holding

Ticker: ONON

Price: $56.30

Needs to Hold: $50 to $53

Price Objective 1: N/A

Price Objective 2: N/A

The market environment is tricky, but On Holdings (ONON) has a nice tight pattern that looks ready to resolve to the upside.

So I'm adding it to Power Plays here.

However, I'll keep a tight leash on this one in case Monday's lows don't hold.

If it breaks into the $50 to $53 area, I'll look to switch gears fast.

-Scott

Scott Redler Positions Disclosure as of 2025-01-14 at 10.11.25 AM