Market Insights:
On Holding
ONON, a global sports product developer, is demonstrating strong potential as it approaches a crucial resistance level within a bullish cup and handle formation, signaling possible substantial gains.
Endorsements and Analyst Sentiment:
The brand benefits from endorsements by high-profile athletes, including Roger Federer. Analysts like TD Cowen's John Kernan are bullish, with raised price targets and maintained buy ratings, indicating strong growth prospects.
Expansion Plans:
ONON's expansion into the Asia-Pacific market presents significant opportunities, with plans to open 100 new stores. The successful Cloudmonster franchise has driven robust sales, positioning ONON for further growth.
Investment Outlook:
Bullish Outlook: We are bullish on ONON above the $30.50-$31.00 range.
Upside Potential: With an upside target set at $51.00-$52.00, investors should monitor technical patterns and earnings reports for confirmation of this growth potential.
📊👟 Keep a close watch on On Holding's performance for investment opportunities! #ONON #SportsProducts 📉🔍
On Holding
ONON, a global sports product developer, is demonstrating strong potential as it approaches a crucial resistance level within a bullish cup and handle formation, signaling possible substantial gains.Endorsements and Analyst Sentiment:
The brand benefits from endorsements by high-profile athletes, including Roger Federer. Analysts like TD Cowen's John Kernan are bullish, with raised price targets and maintained buy ratings, indicating strong growth prospects.
Expansion Plans:
ONON's expansion into the Asia-Pacific market presents significant opportunities, with plans to open 100 new stores. The successful Cloudmonster franchise has driven robust sales, positioning ONON for further growth.
Investment Outlook:
Bullish Outlook: We are bullish on ONON above the $30.50-$31.00 range.
Upside Potential: With an upside target set at $51.00-$52.00, investors should monitor technical patterns and earnings reports for confirmation of this growth potential.
📊👟 Keep a close watch on On Holding's performance for investment opportunities! #ONON #SportsProducts 📉🔍
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.