$TAKE has gone straight vertical... more than 100% in a single expansion leg and barely any real pullbacks on the way up. That tells you momentum traders are fully in control right now.

But when a move stretches this fast, it usually needs either a tight consolidation or a sharp shakeout before the next leg. As long as it holds above the 0.036–0.038 breakout zone, trend structure stays intact. Lose that, and late longs start feeling pressure.

Right now it’s pure momentum. The question isn’t “is it strong?”... it’s whether $TAKE can build a base up here instead of giving back half the move.