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$LAB (1h) - Momentum Breakout Long
Bias: Long
Entry (Zone): 5.18 - 5.32
Targets:
TP1: 5.78
TP2: 6.35
TP3: 6.95
Stop Loss: 4.76
Why this Setup:
I’m staying with the bullish continuation idea as long as LAB holds above the 5.20 area, since that level is acting as a strong intraday base after the recent expansion. I want to see momentum reclaim and push through the local highs, with room for a move into the next resistance zones.
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