HomeMarketsIndicesFakeout Or Breakout? ON Semiconductor (ON) Rallies To The Upside
Fakeout Or Breakout? ON Semiconductor (ON) Rallies To The Upside

ON Semiconductor (ON) is having a massive run to the upside. Alex Coffey and Ben Lichtenstein discuss ON as Mizuho Securities raised its price target on ON and Piper Sandler adjusted its price target to $90 from $75. They talk about how bulls are looking to see how the broader market reacts to this move to the upside to determine how to trade. They then go over reasons ON could experiencing a real or fake breakout. Finally, they demonstrate an example trade using ON. Tune in to find out more.

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