CheelooTrader

ONON - will it start to fill this triangle

Long
CheelooTrader Aggiornato   
BATS:ONON   On Holding AG
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.
Trade chiuso: stop raggiunto:
I cut the whole position yesterday for a small gain. Didn't like the price action at the resistance. NKE ER reaction not good. Now will watch for the support near the pennant trendline support.

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