A few days ago, I was still staring at the charts before bed, worrying. When I opened them in the morning, I realized the market had already written the answer on the screen for me—the short position was taken decisively this time.
Before the market had fully picked up momentum,
$LAB surged on virtually no volume. The price looked lively, but actual buying support was weak. Seeing that the spike lacked sustained follow-through, I judged that there were strong signs of a bull trap, so I flagged a short entry around 4.25647, waiting for confirmation before putting on the position.
It has now fal