$ONON 30 min I am currently down in NYSE:ONON but not selling due to nice strength this morning after it opened lower from earnings. Patience is key here. Longby jacobaraujo427950
Long Trade in ONONOn Holdings, the maker of OnCloud tennis shoes found on soccer moms everywhere, is one of the hottest stocks in the market right now. It went public in 2021, just in time to get hammered in the bull market. But shares have come back with a vengeance. ONON has already doubled this year and is making new all-time highs as I write this. Notice the textbook consolidation pattern followed by a pocket pivot breakout through resistance. This is healthy action and exactly what we expect from stocks under institutional accumulation. We have a little time before this one reports earnings. The announcement is scheduled for a week from Tuesday on May 16th before market open. If I had a profit cushion of at least 10%, I’d probably hold this one through the report. Longby rossgivens3
ONON - Still TrendingONON exhited strong price action since it's gap up after it's last earnings call on 21 Mar23 (pullbacks not withstanding). Volume continued to be good for the past 4 weeks with relative strength (relative to SPX) continuing to improve. However one can consider to ride this stock managing with trailing stops (pivot lows, fib retracement levels, moving average etc) to see how far it can bring us. Earnings is expected on 5 May, if it continues to run up till then, there is a possibility it could sell off after announcement (even on good news). Hence do be mindful of volality around then. Longby Juliac0
Taking a walk with ON'sThanks to one of my Stream viewers @Casey_Louis for bringing NYSE:ONON to my attention. Many folks in my family love these shoes (my nephew even has the toddler versions). I like the initial survival of the 50% Pullback to $20/share. Now price is heading up for another leg. I do not like the breakout for myself... the reason being the initial IPO price just slightly overhead. This is yet another reason why we DO NOT BUY IPOs... very often you get a much better opportunity! How I want to play it: I want to look for a pullback to the next 50% Retracement level at $24. I hope we get it because trendy consumer goods have a good track record of yielding big gains.Longby norok18
Long Trade in ONONONON is the maker of the popular OnCloud running shoes. The company has experienced tremendous growth over the last few years. I even see it here. They are on the feet on every soccer mom in town. Last month’s earnings report blew away expectations and shares advanced almost 50% in a week. Since then, pullbacks have been minimal. This is a recent IPO, and it is quickly becoming a true market leader. I am writing this at noon on Friday, and the stock is currently trading near $31. I believe the stock is buyable here with a stop loss at 28.20 to risk 8% on the trade. Longby rossgivens0
$ONON is forming a potential tight flag. $ONON is forming a potential tight flag. It has increased over 100% in around 90 days (13 weeks) and has been on a tight range with volume drying up for the last 1 week. Potential buy point is around 31.95. #onon #OnHoldings. www.tradingview.com Longby thetwigg1
ONON a great long-term buy and holdTechnical: The stock looks to have bottomed throughout 2022 after falling from its IPO high. It is now breaking higher. Fundamental: On Holding AG (ONON) is a Swiss company that specializes in designing, developing, and selling high-performance running shoes and apparel. The company is relatively new to the market, having gone public in 2020, but has already established itself as a major player in the running shoe market. There are several reasons to be bullish on ONON's prospects for growth. The global market for athletic footwear is expected to continue growing at a rapid pace, with analysts predicting a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028. ONON is well-positioned to benefit from this growth, as it has established itself as a leading innovator in the running shoe market. The company's shoes have won numerous awards and accolades for their unique design and exceptional performance. This has helped to build a strong brand image and a loyal customer base. ONON has a diversified revenue stream, with sales from both its direct-to-consumer (DTC) channel and its wholesale channel. The company's DTC channel has been particularly successful, with revenue from this channel increasing by 82.4% year-over-year in 2020. This has been driven by the company's successful online marketing campaigns, as well as its innovative retail stores. ONON's wholesale channel has also been performing well, with revenue from this channel increasing by 51.4% year-over-year in 2020. This diversification of revenue streams provides the company with a stable and sustainable source of revenue. ONON has a strong focus on innovation and product development. The company invests heavily in research and development to create new and innovative products that meet the evolving needs of runners. This has helped ONON to differentiate itself from its competitors and establish itself as a leader in the running shoe market. Furthermore, the company has a strong pipeline of new products, which is expected to drive further growth. ONON has a strong financial position, with a cash balance of CHF 800 million as of December 31, 2020. This provides the company with a solid foundation to pursue growth opportunities, such as expanding its product line or entering new markets. In addition, the company has a low debt-to-equity ratio of only 0.06, which indicates a conservative approach to financial management. ONON is a company that is well-positioned to benefit from the growth in the athletic footwear market. The company's strong brand image, diversified revenue stream, focus on innovation, and strong financial position make it a bullish investment opportunity for investors looking to gain exposure to the sportswear industry.Longby andrew.sachais11
ON HOLDING: RISKY BET BUT INTERESTINGNYSE:ONON If you want to enter this is probably one, just wait a bit, wait till the stock is reaching $16, back to the main support.Longby elcoinmusk0
On Holding Tries to Reclaim the 50-day SMASwiss sneaker company On Holding went public in mid-September for $24. It peaked near $56 in mid-November following a strong quarterly result and has now pulled back. The first pattern on today’s chart is the 50-day simple moving average (SMA). ONON broke under that line in on December 13 as the retail sector crashed. But it’s chopped sideways since and yesterday closed back above it. In the process it managed to reclaim its 8-day exponential moving average (EMA). Next, ONON’s recent turn occurred near the bottom of the Keltner Channel. Price has also held $34.50, the low of its first trading session. Third, stochastics are trying to climb back from oversold territory. Finally, the pullback from the November highs represents a potential ABC correction pattern. The fundamentals could also interest some investors after management cited “hyper-growth” and “significant pricing power” on its last quarterly call. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation8
ONON Heading LowerThe Swiss sneaker maker recently broke out of the downward triangular pattern, but now looks poised to head downward. Looks to me like a failed bullish breakout here. MACD signaling more downside is on the horizon for the short term. I predict A break below 36.30 support will lead to stock price dropping to 34.15, and from there possibly further losses down all the way to the 28.30 support mark. Shortby Gooby_Trades0
$ONON pulling back to IPO Cup with Handle Support$ONON is presenting another potential opportunity in the coming days. Pulling back to IPO cup w/ handle BP support around $39. That also coincides w/ IPO day Anchored VWAP Orange bars is what I would like to see before participating.Longby TaPlot2
ONON- Solid break out -Cup with HandleONON- Broke the cup with handle Huge % up. First time break out after IPO base. It may go up very quickly now. Longby Tweezer_Karanam0
ONON- Cup with Handle break out.ONON has a intermediary cup-with handle pattern. It may touch all time , just like all other New IPOS. ** Most of the IPO stocks will reach all time high once it forms the proper base Just like #BROS*** Longby Tweezer_Karanam0
$ONON IPO Cup with Handle$ONON in retail apparel space HQ in Switzerland. Nice Sales growth for this new IPO Looks like its working on its first cup with handle base. Handle high started forming at a logical supply level when it broke down in September (red dotted line) Constructive so far.Longby TaPlot332