While Nvidia Erodes, After-Market

Five trading days ago, On Semi, posted its all-time high.

The difference between ON, and semi leaders like, NVDA, TSM, and AGVO, the prior all-time high for ON, was years ago, back in July of 2023.

Since that time, it’s been in a wide trading range.

ON Semiconductor, ON, Daily Close

The standard set-up, seen many times, labeled as ‘spring to up-thrust’ (not advice, not a recommendation).

Depending on how price action goes from here, we’ll update accordingly.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279