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13.77 Borrow you 10U, are you brave enough to touch? LAB single-day 37% amplitude pulled from 9.89 to 14.42, with a trading volume of 351M, enough to buy a small office.
Position: No position, waiting for direction, the first two dips back to 11.8 were missed, now only doing breakout confirmation.
Plan: Current price 13.7710, either truly break through 14.5 to go long (stop loss 13.2, target 16-18, position 2%), or fake break below 11.8 to buy (stop loss 10.8, target 13.5-15, position 3%). The second support is at 10.5, but I only bet on confirmation.
Forecast two scenarios: 1. Stand firm at 14.0, volume continues to surge, go long; 2. Drop back below 12.8, wait for 11.8 orders.
If you don’t want to be a gambling dog, wait for the dip, don’t open orders in the amplitude center. Comments section will update the results.