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Lab rapidly dropped from a high of $25 to around $5, then quickly surged back to $16.
How many people chased the high and got whipped out? How many shorted at the top and got wiped out?
From the steady rise of a few days ago to today’s double explosion of longs and shorts, volatility has gradually increased, triggering many to chase gains and sell off.
Traders are gradually falling into confusion and hesitation.
Some have achieved optimistic profits, while others have experienced significant drawdowns or even liquidation. $LAB