On Holding ( NYSE:ONON ), the parent company of On Running, has reported earnings of 36 cents per share, more than doubling from the 17 cents reported last year. Revenue jumped nearly 20% to a record $561 million, although sales growth slowed for the fifth quarter in a row. FactSet analysts expected adjusted earnings to tick down 2 cents to 15 cents per share....
I have been watching On Cloud and love their shoes. I wear them all the time now. In-fact, I bought some shares a while ago simply because I enjoyed wearing them so much. The chart above highlights some other levels I am watching if this trade can keep up:
1. The company's resurgence above its IPO price indicates a renewed investor interest, suggesting a positive...
5/13/24 - vrockstar - NYSE:ONON has always been a pretty expensive stock that i've watched but not owned (have only owned NASDAQ:CROX but also no longer any footwear). that being said, the setup in the quarter does look like a low bar. a. google trends impressive b. seasonal trends c. QoQ and d. stock back to where it "missed" last q. objectively there's no...
NYSE:ONON it had an extremely strong reaction after ER. Gapped down and bounced up 20% from the recent bottom => a proof that the stock is still worth holding.
On Holding ( NYSE:ONON ), the parent company behind the Swiss shoemaker On Running, finds itself at a crossroads as its fourth-quarter earnings report disappoints investors, sending its stock price tumbling from near a buy point. Despite its optimistic outlook for 2024, the company's failure to meet earnings forecasts and sluggish revenue growth cast a shadow over...
If you haven`t sold ONON ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of ONON On Holding AG prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.16.
If these options prove to be profitable prior to the...
NYSE: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
Moving away from weekly support after putting in a higher low. A higher high now would pivot and confirm that higher low. Therefore, this anticipated higher high ( continuation ) would be the logical long entry if not long from the break out retest.
Navigating the Growth Trajectory of On Holdings, a Rising Star in Athletic Footwear
Support Level: $23.86
Current Price: $27.70
Resistance Zone: $28.53 - $31.95
Target 1: $37.56
Resistance Level 1: $43.32
Resistance Level 2:46.27
Target 1 (Long Term): $50.94
Target 2 (Long Term): $71.96
On Holdings has rapidly become a market leader with its revolutionary...
I would see NYSE:ONON at $30.. but not immediately, and depending on the FED announcement. I would suggest something like that, which would be healthy!
NYSE:ONON this high-end athletic shoe and clothing maker may be one for your watchlist. See the chart notations for technical details. I like this formation as it works more than 50% of the time. I like how it is above the IPO AVWAP. It has just tested the 50 DMA and may bounce here. The best entry would be over the upper short term downtrend line in the handle...
Spectacular earnings growth combined with the volume profile I feel this company should start to break out next year as the macro situation improves.
I personally love the brand and have many of my friends wear their shoes. They claim Premium price, profitability should be higher.
No position yet, but keeping an eye on how it develops over the next few months.
I have been long NYSE:ONON for about 2 weeks and have averaged in with a cost basis of 29.20 so I am currently underwater, but it has not hit my stop. If it stays above my stop, I will continue with the trade. I have a ¾ sized position and will look to add to a full position once I am at least $1 over my average price.
I am posting this idea today because I...
Analyzing the options chain and the chart patterns of ONON On Holding AG prior to the earnings report this week,
I would consider purchasing the 35usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $2.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
I am currently watching Swiss shoe maker company called On Holding AG, ticker ONON. The price action of the stock is forming one of my favorite patterns, Cup with Handle.
Things to consider:
1. My first buy point is sitting just below current price level, at $33.67 price.
2. Once I enter this position, my stop loss will be set at $30.30 level, just below 50MA....
