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$LAB Late-night surge, the main force pushes aggressively again.
The recent surge in LAB is essentially the main force completing their accumulation and then making a concentrated rally.
It has been oscillating sideways before, looking weak, but actually it’s slowly collecting chips at low levels, shaking out the less committed. Once the chips are concentrated, and funds come in to ignite, it’s very easy to break through resistance levels directly.
After the volume-driven rise, market sentiment is lifted, chasing buyers start to enter, combined with previous short positions being forced to cover, pushing the trend upward all the way, which is why it appears to be a continuous explosive rally.
With the veteran fans directly taking profits at 6.5, a tenfold return has already been secured.