The previous market for LAB experienced intense fluctuations, with funds repeatedly entering the market early on, pushing the price higher and reaching a peak of 25.668. Many who followed the trend and entered at high levels were directly trapped.



After the sharp rise, sell orders flooded in, causing the market to plummet off a cliff, with the price quickly dropping to a low of 5.897. The rapid crash wiped out more than half of the gains, and those holding positions at high levels suffered heavy losses.

After hitting the bottom, bottom-fishing funds gradually entered to support the market, initiating a phased rebound and recovery. The current price settled at 13.821, doubling from the lowest point.

From the overall trend, a major decline has completely reversed the previous bullish pattern. The long-term cycle has shifted into a bearish environment, and the current rise is merely a technical rebound after the big drop, not a trend reversal.

The Bollinger Bands still extend downward overall, with the upper band firmly suppressing the market. It is basically impossible to return to the previous high of 25. Moreover, during the short-term rebound, the entering funds gradually decreased, trading volume continued to shrink, and the bulls lacked sufficient momentum. The market is now in a narrow-range oscillation and tug-of-war, with profit-taking at low levels ready to exit at any time, which could trigger a price pullback.

Currently, it is not suitable to chase the rally. The current price has risen too far from the bottom, and the risk of chasing orders is high. A prudent approach is to patiently wait for a correction and stabilization before observing, avoiding losses caused by a renewed decline after the rebound ends. #分享美股交易赢英伟达股票 $LAB
LAB-22.6%
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