$ONDS (2W) - Looking at the heatmaps, we can see this needs a breakout above $7 to crack the ceiling and make a run higher. The tricky part sits below, as both the $6 and $5.50 nodes are negative, meaning they're more likely to be a trapdoor than a floor. > The nearest nodes aren't supporting us but accelerating, making the path of least resistance a quick dip lower once $6 gives way. So the map is stacked in favor of the bears right now. Let's see what we get next week in terms of price action, and how the map looks after we might have survived that negative gamma. For now: brace for some impact.
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