Onto Innovation Inc (ONTO)

[Slim6]

ONTO got ahead of itself. The major part of its valuation was based on growth. The latest quarter was a disappointment as it was down from the immediately preceding quarter. Looking at guidance, the company is saying that growth is gone. The next quarter will have lower revenue than yesterday's reported quarter. This could see some support around $40 per share, but not until then. Be careful.

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high

[Monksdream]

Excellent vid on ONTO

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high

[Monksdream]

ONTO new 52 week high