Long from $22.70 Market Cap - $10.41B ROE - 21.88% Projected Sales Growth - 2.38% - On has seen a strength in demand across most end markets as shown in its bookings trend over the last four quarters. Distributor inventories increased in the last quarters and re-sales remain strong. - Their automotive segment is a strong growth driver – share gains, unit growth,...
L.T. bias is bullish. Currently at a support. This could be a good buying point, but price could easily break support and pullback to $19 - 18.6 area. M: W:
A good stock from a strong( technology) sector. Clean trend brings price close to its all time high around $28
Purchased just before massive Call Sweep Volume @ .45 Near the Money Calls; Broke 52 HOY on 121416, showed strength through-after FED Hike and conditions still in a less risky range (RSI, MACD, Lack of GAPUPS). Looking to Hold for possibly week-2 while catching hopefully 2-3x more new HOY. Exit Goal; Same as all Call Options @ 400% or expiry of Wednesday - Week...
$ON coiled w/ inverted H&S on daily. $592K trade seen on Oct 21 10 calls today. Looking for a move up.
ON SEMICONDUCTOR seems in a corrective phase with more upside still possible. At the end of this correction i'm expecting a big drop with a breakout to the downside. Expected target on chart.