wavepoint99

ON - Rising Trend [MIDTERM]

Long
NASDAQ:ON   ON Semiconductor Corporation
- ON is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- ON is testing support at 75.
- This could give a positive reaction, but a downward breakthrough of 75 means a negative signal.
- The stock is assessed as technically positive for the medium long term.

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