$$LAB Up 151% in 24 hours, hit a high of 16.88, now pulled back to 15.12. With this kind of move, anyone chasing in is likely cannon fodder. I've learned from my losses: buying at the top is a dead end—not touching it is profit.

Let the data speak: 24h trading volume of $14.65 million, volume is still there, but the daily chart has already formed an upper wick. From 5.78 to 16.88, nearly 3x in just one day—any long without a stop-loss is suicide. My rule: better to miss out than be the exit liquidity.
Clear trading plan: If you want to gamble on short-term, wait for a pullback to the 13.50-13.80 range before considering a small long, stop-loss at 11.80, first take-profit at 15.50, second take-profit at 16.50. If it breaks below 13.00 directly, don't even look—it's likely to drop back below 10.00. Keep position size within 5% of total capital—don't get wrecked.
At this level, entering at 15.12 is betting on another leg up, but the 24h high of 16.88 has already formed strong resistance. If you're itching to buy the dip, you have to wait until below 13.50—otherwise, it's not worth it. I remember the last time $LAB surged like this, those who chased got trapped for a month before breaking even.
Let's interact: Do you hold $LAB? Long or short? Drop your position and cost in the comments—let me see if I'll be up late tonight or sleeping soundly.
One final reminder: No trades outside the plan. Don't chase today—wait for the pullback to enter. Go long, don't short. Stay away from futures, play spot slowly. Follow me—only cold, hard entry and exit plans, no emotional hand-holding.