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