🚀 Onon is configuring a base above the Simple Moving Average (SMA), resembling a ‘taren’ pattern.
📈 The stock is trading close to all-time highs, indicating strong potential for a breakout.
✅ The 10-week moving average is providing support, and the range is tight, suggesting a possible upward move.
@VisionariosBolsa:
“But be careful because this is the stock that I wanted to comment on, since Onon, I think, can do very well in the coming weeks. It is an old acquaintance. I have commented on it several months, several times, but look, it is a stock that is configuring superb, a base above the sml, a kind of ta Ren pattern. This week it sleeps close to those all-time highs. It is about to caramel to want to break. Look how the average of 10 weeks, I am going to clean the graph, the average of 10 weeks, that red line is supporting there close to highs. The range is super tight, and that is a super good sign. We have the point of demand attached to highs, the point of support attached to highs, and that can make the stock have yes or yes that end up looking deciding to the upside or downside, and if it ends up breaking the upside that begins to resume that trend and can do very well. Therefore, I think it is a stock that this week will enter the portfolio visionaries. We already know it thoroughly. I have talked about this company many times. I have even made videos in the store reviewing the hon talking about its fundamentals and so on. We know thoroughly that it is a good company, and therefore I say it is a stock in which we will be watching this week.”
Watch the exact part of the video where Visionarios Bolsa talks about Onon here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Onon at the following link. BLOG.
