tradepatiently

ON Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NASDAQ:ON   ON Semiconductor Corporation
Entry: with price above 105.35
Volume: with volume greater than 5.23M
Target: 110.55 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 105.36, 102.77 gets you 2/1 Reward to Risk Ratio.

This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.

Comment:
I would NOT take this trade before earnings.
Trade closed: target reached:
I didn't get to play, but if you did congrats.

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