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$LAB LAB's current trend is starting to weaken, with a clear surge and pullback in the short term. Buying momentum continues to decline, and the rebound volume is insufficient, indicating that selling pressure above is gradually increasing. From the perspective of capital structure, short-term funds show signs of profit-taking, and willingness to take over at high levels is lacking. Once it breaks below the recent support level, it will easily trigger a chain of stop-losses.
Overall, the current structure is more biased towards a bearish-led oscillating downward trend. If the rebound cannot stabilize above the key resistance zone, it is highly likely to continue testing lower support levels in the future. The short-term approach of selling on rallies is more prudent.