ON Semiconductor Corporation (ONNN) - New Short Squeeze

ON Semiconductor Corporation (ONNN) which supplies analog, standard logic, and discrete semiconductors for data and power management, scored a new FusionIQ Short Squeeze yesterday.  ONNN has 12.00 % of its float short and shot up yesterday on over 3x its normal volume suggesting strong institutional activity. Given that semi's have started to catch a bid ONNN shares look attractive here with a $ 15.00 target.  There may be some consolidation or minor pullback, however these are likely good buying opps.

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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