$LAB This price action really has me stunned😅

I originally thought the high was about to loosen, but it stubbornly stayed around 17 without dropping. Shorts have been hammering for a while but couldn't break it down. The support level here is indeed something.
However, the longer it consolidates at this high, the more likely it will explode into a big move. I'm not too confident chasing longs now, and for shorting I need to wait for confirmation to avoid getting whipsawed. Next, we'll see if the bears can regain control, otherwise another pump will liquidate a bunch of shorts.
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