ON Semiconductor Corp (NASDAQ:ON) stock is up 2% to trade at $72.64 at last glance, reversing premarket losses after the company reported better-than-expected earnings and revenue for the third quarter. A disappointing outlook for the fourth quarter is keeping the equity's gains in check, however. The $66 level has acted as a floor for ON Semiconductor stock several times since April, and is coming back into play today. Meanwhile, the 200-day moving average is enacting pressure. Shares are now pacing for th ...