Blue-chip credit card stock Visa (V) has been stuck between the $340 and $355 level since August, after facing rejection at the $360 level twice in July. This rangebound price action follows the security’s June 11, all-time high of $375.51, which contributed to its 18.4% year-over-year lead. Despite the short-term consolidation, the shares are now flashing a historically bullish long-term signal that may help V break out of this range.Digging deeper, Visa stock is trading within striking distance of its 12- ...

Core Viewpoint - On Holding (ONON) is experiencing volatility, currently trading at $49.94, down 3.2% in the afternoon, with an 8.5% year-to-date deficit, but historical patterns suggest potential for recovery [1] Group 1: Stock Performance - Since mid-June, ONON has faced resistance at $55, limiting breakout attempts and contributing to its year-to-date underperformance [1] - Historical data indicates that after similar market conditions, ONON has increased in value 75% of the time, averaging a 10.6% gain one month later [2] Group 2: Technical Indicators - ONON is currently within one standard deviation of the 80-day moving average, having spent 80% of the past two months above this average [2] - The stock's recent trading behavior suggests a potential upward movement if the historical trend continues [2] Group 3: Market Sentiment - Options traders exhibit extreme bearish sentiment, with a put/call open interest ratio of 1.66, placing it in the 99th percentile of the past year [4] - A reversal of this bearish sentiment could provide additional support for ONON's stock price [4]