PaperBozz

$ONON - Looking good.

Long
BATS:ONON   On Holding AG
ONON On is forming a cup and handle base with a neckline resistance at $33. It just broke out of a triangle and could see further upside once it breaks above $33 area.

Upside targets:
$36
$41
$49

Downside risk:
$28

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