Ondo’s Rollercoaster: Will $0.83 Be the Magic Exit or Just a Warren Buffett Lotto Ticket?
So, after a rally that probably made some traders’ heads spin, Ondo chose the scenic route down, poking below its value area low—pretty much like stepping into a new basement to see what’s lurking. Luckily, this correction looks not only normal but possibly healthy enough to lead to a higher low—your new favorite phrase in market analysis, like “corporate synergy” used to be. If that support holds, we might see Ondo bounce back, like when you find extra fries at the bottom of your bag.