ON 4.3:1 possible resurgence after November's drop

14 במאי

ON fell hard November 2023, we could see it rise to previous levels, firstly we can point out the main support at $60, the main resistance at around $87 and some around $75, I'm assuming an entry point at $62 or $61. My SL is right below the support at $57.8 and my TP at $83.3. Personally I would also sell a third of the shares at $75 just to lock in some of the profits and include a trailing stop loss somewhere below that. Of course we will see how things play out and I will keep this post updated as things play out.