Price dumped to hourly VWAP but good news for bulls is there was a lot of buying pressure. Two gaps were filled in the process. If you're swingin ONTX, it's best to NOT have a stop because the big boys stop hunt and your sell becomes their buys. Day traders, it's a must. Though that was tough to watch, it was healthy pull back for further continuation. We'll probably see consolidation now into the weekend hopefully ranging b/t .55 and .70 gearing up for a big move up.
Also, that .74 weekly resistance really did it's job.