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ON Semiconductor Stock's Pullback Puts Bullish Trendline In Focus
Source: forbes.com
Market Technicals & FlowsInvestor Sentiment & Positioning
ON Semiconductor shares are still down 24% from the June 3 record high of $134.92, but are up 1.3% today and are on track for a fifth positive session in seven. The move appears driven by short-term momentum rather than new fundamentals or guidance.
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