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The Long Investor
The Long Investor

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$ONON

Starting to look appealing again now, after a flush down in between the 0.618 Fib and the 0.78 Fib to $34.

The price is already back to $44 and at the 50 Day MA now too.

There is a death cross on this chart right now so this must be acknowledged

With that being said, the low risk entry will be when there is a breakout and hold above the 200 Day MA at $48.

Holding above this level and I believe the price can move higher and we have a reversal signal.

The bullish PT is at $96.

$ONON

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