On Holding Ag dropped to day and moved down -4.94% It looks like ONON may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. The company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price bounces off of the support and moves up it'll probably head up to the $39.6 level, at which point it may hit some selling pressure. If On Holding Ag continues to break down lower from here, it'll likely fall until it gets to $35.14 at which point previous buyers at this level may move in and give it support.
