ONSemi Is Marching Higher On Great Results
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ValueWalk
ValueWalk
ONSemi reported a strong quarter and guided favorably.The company’s refocus is driving business.The technicals are pointing to a continuation if the stock can close at the new highs.5 stocks we like better than onsemiThe ONSemi (NASDAQ:ON) story today begins with a very impressive chart pattern that points to much higher share prices ahead. That pattern is Three White Soldiers and it is appearing on the weekly charts. The Three White Soldiers pattern is made up of 3 consecutive long-white or long-green candles that each close above the previous candle. The pattern is a sign of intense and sust…