#FirstTradeOfTheWeek

LAB Trading Plan

Current Price: $4.93

LAB is currently trading inside a volatile consolidation range after recent expansion moves. Price is stabilizing near the $4.80 – $5.10 zone while the market waits for breakout confirmation.

Key Resistance Levels

$5.20 → immediate resistance

$5.50 → breakout zone

$6.00 → bullish confirmation

$6.80 → momentum expansion target

$7.50 → strong bullish target

Key Support Levels

$4.70 → immediate support

$4.40 → accumulation zone

$4.00 → strong demand level

$3.60 → deep liquidity support

Trading Plan

Dip Accumulation

Entries:

$4.90

$4.50

$4.00

Targets:

$5.20

$5.50

$6.00

$6.80

$7.50

Breakout Strategy

Entry Zone:

$5.50 – $6.00

Targets:

$6.80

$7.50

Risk:

Weakness below $4.70 may invalidate momentum.

Market Outlook

Bullish Case

Hold above $4.70:👉 Potential move toward $5.50 → $6.00 → $6.80 → $7.50

Range Case

Price rotates between $4.00 – $5.50 during consolidation.

Bearish Case

Break below $4.00:👉 Risk of correction toward $3.60 support.

Final Strategy

Accumulate gradually during dips

Wait for breakout confirmation before aggressive entries

Protect capital during volatility spikes

Focus on disciplined risk management