$ONON is moving nicely here and down to the next Fib support level at the 0.5 Fib at $43.80 for a test of support.
I still think we can get this to drop down lower to the 0.618 Fib at $39 and we will be presented with a great buying opportunity once support is here there.
For now, watch for support on both the 0.5 and 0.618 Fibs
Long term I believe $ONON is a fantastic company to own.
Chris H
2025-03-11 17:45:01 +0000 UTC