brett701

ON - Strong, but not strong enough..for now

NASDAQ:ON   ON SEMICONDUCTOR CORP
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1
ON, looks very strong and has some good support, the resistance is pushing it down, but i believe this is temporary and it will break the resistance upward in the near future. A pull back with a long entry near blue level and then reevaluation at the next attempt to break resistance.

This isn't a high confidence % trade, it is just for projecting patterns and tracking for the future.

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