(ONTO) Long Term Investment Analysis

Longer Term Trading Plans for ONTO

• Buy ONTO near 162.19 target 191.84 stop loss @ 161.72 Details

The technical summary data tells us to buy ONTO near 162.19 with an upside target of 191.84. This data also tells us to set a stop loss @ 161.72 to protect against excessive loss in case the stock begins to move against the trade. 162.19 is the first level of support below 186.77 , and by rule, any test of support is a buy signal. In this case, support 162.19 would be being tested, so a buy signal would exist.

• Short ONTO slightly under 191.84, target 162.19, stop loss @ 192.39 Details

The technical summary data is suggesting a short of ONTO as it gets near 191.84 with a downside target of 162.19. We should have a stop loss in place at 192.39though. 191.84 is the first level of resistance above 186.77, and by rule, any test of resistance is a short signal. In this case, if resistance 191.84 is being tested, so a short signal would exist.

Swing Trading Plans for ONTO

• Buy ONTO slightly over 191.84, target 212.82, Stop Loss @ 191.29 Details

If 191.84 begins to break higher, the technical summary data tells us to buy ONTO just slightly over 191.84, with an upside target of 212.82. The data also tells us to set a stop loss @ 191.29 in case the stock turns against the trade. 191.84 is the first level of resistance above 186.77, and by rule, any break above resistance is a buy signal. In this case, 191.84, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ONTO slightly near 191.84, target 186.21, Stop Loss @ 192.39. Details

The technical summary data is suggesting a short of ONTO if it tests 191.84 with a downside target of 186.21. We should have a stop loss in place at 192.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 191.84, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ONTO

• Buy ONTO slightly over 191.84, target 202.23, Stop Loss @ 191.39 Details

If 191.84 begins to break higher, the technical summary data tells us to buy ONTO just slightly over 191.84, with an upside target of 202.23. The data also tells us to set a stop loss @ 191.39 in case the stock turns against the trade. 191.84 is the first level of resistance above 186.77, and by rule, any break above resistance is a buy signal. In this case, 191.84, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ONTO slightly near 191.84, target 186.21, Stop Loss @ 192.29. Details

The technical summary data is suggesting a short of ONTO if it tests 191.84 with a downside target of 186.21. We should have a stop loss in place at 192.29 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 191.84, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Onto Innovation Inc. (ONTO) available here: ONTO.

ONTO Ratings for February 07:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	162.19
P2	202.23	186.21	191.84
P3	211.31	212.82	222.4

AI Generated Signals for ONTO

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