$ONDS had a strong expansion and is now pulling back into a higher low near the high 8s. Structure still favors continuation as long as this zone holds. This looks like consolidation after strength, not distribution. A clean push through recent highs puts the teens back in focus.
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$ONDS had a strong expansion and is now pulling back into a higher low near the high 8s. Structure still favors continuation as long as this zone holds. This looks like consolidation after strength, not distribution. A clean push through recent highs puts the teens back in focus.