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Opening at 14, nobody chased. I stubbornly placed a buy order for 958M dollars at 13.6, with 24h volume of 950 million, and turnover rate nearly doubled. $LAB I'm familiar with this script: from 5.5 to 14 in just 18 hours, daily line slope of 70 degrees, reference price for same-level chip washing is 10.2. Anyone daring to catch a falling knife now is purely a gambler; those with brains are watching whether the previous high of 14 will be a fake breakout.
I still have 40% of my position untouched. If the closing price today can't hold above 13.2, I'll clear everything. The reason is simple: the 24h high of 14.0010 is precisely stuck at the integer level. Such precision is 90% likely controlled by quant bots. Once retail FOMO fades, they'll immediately smash it back to 11.5 to pick up cheap chips. Look at the transaction volume of 958M, but the first buy order only has 2000 coins, as thin as paper, purely supported by sentiment.
In terms of operation, I'll split into two cuts: enter a position at current price 13.6, stop loss at 12.8 (previous low support line); if it retests 12.2 without breaking, add two more positions, target first at 15.8. Position size shouldn't exceed 30%. This stock has a daily amplitude of 35%, don't touch it if you can't handle the heartache. Remember, the real main uptrend must be a breakout above 14 with volume, followed by a pullback on shrinking volume — not this current form pushed up by retail orders.
The chart doesn't lie. Those who chased at 13.6 today will either curse me or kneel to me in three days.