#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