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$LAB I bet that tomorrow it will break below $12, this is my proof, I will directly place a 10U bet. The 24-hour trading volume is 223 million yuan but the price has dropped 19.42%, plunging from the high of 17.26, this volume is for dumping and selling off, not for shaking out. A volume surge at a high level with a sharp decline, no support in the short term, dare to catch the falling knife? The technical chart is almost unable to hold 13.5, a rebound is just giving you a chance to run away.
Trading suggestion: Short at the current price of 13.7, set stop loss at 14.5, first take profit at 12.8, second at 11.9. Keep your position below 20%, and if liquidity is drained in two more days, the bulls will collapse. Don’t bottom fish, wait for a volume surge signaling a stop in the decline before acting. Buying now is just helping others lift the sedan chair.
If you think I’m wrong, screenshot and come back tomorrow to prove me wrong. I watch the market here every day, whether I’m right or wrong depends on you watching closely.