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$LAB 's rally is all fake!? Will it only repeatedly harvest bottom-fishing retail investors!?
Nana sees the Square is overwhelmingly bullish, but Nana actually wants everyone to not be so hasty, and not rush to buy the dip.
From the chart, the trend is a typical pump-and-dump — it pulls up a wave then immediately smashes it back down, and every small rebound may be a new round of trapping.
There's strong support near $1; let's first see if it can hold steady! There's still plenty of fuel above, and it's still possible it will pump further, but trying to bottom-fish and catch a rebound at this level carries far more risk than reward!
The market is never afraid of missing opportunities — it's afraid that you'll lose your entire principal halfway down chasing those meager rebound gains!