Footwear Growth Name with Relative Strength in Bullish Flag
On Holdings (ONON) shares of the footwear growth name are curling higher off the recent test of the rising 55 day MA and formed a strong looking bull flag as the stock builds energy for a move back up to 60 and potentially higher if can breakout. ONON has no resistance above the 60 level as its at all time highs and a name that has seen recent buyers of 1000 July $52.50 calls at $8.64.