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$LAB – Vertical expansion phase transitioning into continuation with pullbacks swiftly absorbed
Trade Setup: Long $LAB
• Entry Zone: 1.35 – 1.48
• Target 1: 1.65
• Target 2: 1.85
• Target 3: 2.10
• Stop Loss: 1.18
Price action has registered a massive impulsive advance from sub-1.00 levels, characterized by aggressive bullish candles that confirm decisive buyer control. Minor retracements are being rapidly absorbed, reflecting sustained demand and underlying strength. No significant breakdown structure has emerged, and provided price maintains position above the 1.30 to 1.35 band, continuation toward higher thresholds remains the favored scenario. Momentum remains elevated, supporting a trend-following approach.
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