Fundamental vs. Technical Analysis - which is better?
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Can ON make new high?
ON Semiconductor Corporation is a global provider of intelligent sensing and power solutions. The company operates through three segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. Its intelligent power technologies play a crucial role in electrifying the automotive industry, enabling the development of lighter and longer-range electric vehicles, fast-charging systems, and sustainable energy solutions for solar power, industrial applications, and energy storage systems. ON Semiconductor offers a wide range of analog, discrete, module, and integrated semiconductor products that serve various applications, including power switching, signal conditioning, circuit protection, signal amplification, and voltage regulation. Additionally, the company specializes in designing and developing analog, mixed-signal, advanced logic, application-specific standard products, ASICs, radio frequency components, and integrated power solutions for end-users across different markets. It also provides foundry and design services to government customers.
ON is showing a sign of breakout in chart, into new high ground, which I personally to buy more than buying LOW.
Chart has formed a cup and handle pattern and attempting to breakout!
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