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Everyone is busy chasing yesterday’s news while LAB is quietly building a parabolic staircase. While the herd looks at the rear-view mirror, the structure suggests this consolidation is nothing more than a launchpad.
$LAB - LONG
Trade Plan:
Entry: 18.9570 - 18.9810
SL: 16.5210
TP1: 19.7880
TP2: 21.4500
TP3: 23.8900
Why this setup?
95% confidence on a 4h LONG setup. RSI 15m at 48.2500 (room to run). ATR 1h is 0.4125—tight squeeze priming for a breakout. Entry zone: 18.9570 - 18.9810. First target 19.7880.
Debate:
Is this the final shakeout before a sustained leg higher, or is the market baiting us into a liquidity trap before the dump?
$LAB