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ON Semiconductor lags its leading peer Engulfing Candle LONG
ON Semiconductor Corporation
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ON Semiconductor lags its leading peer Engulfing Candle LONG
Oleh AwesomeAvani
Ikuti
Ikuti
26 Mar 2024
1
1
1
26 Mar 2024
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose abruptly into and
over the trendline and then printed a so called" Big Ass Candle" engulfing about five
hours of price action. This is a strong buy. ON will work to catch up with MU NVDA and the
frontrunners. I will profit while it runs that race.
bbbreakout
bigasscandle
bollingerbandstrategy
candlestickanalisys
Centered Oscillators
Engulfing Candle
semiconductors
Volatility
AwesomeAvani
Ikuti
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