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$LAB has been strong on this leg, bears gave little time to hesitate. My short entry was at 4.25647, current price has reached 1.1733, current PnL +1426.15%, a very satisfying payout after pressure at highs.
At the beginning, the market was still pretending to be strong, rally after rally, looking like it would continue to push up. But the key point is here: every upswing was suppressed and pulled back, while the key level was slowly moving lower. The structure had quietly changed. Many people haven't reacted yet, thinking it's just a washout.
I didn't chase at that time; instead, I waited for its pullback to fail before acting. After that confirmation, the bearish rhythm became smooth, and the subsequent decline was actually clean. The price space was released, indicating that the earlier suppression was not fake; it was continuous distribution by capital.
This trade is now handled as 80/20, take profit on the bulk first, the rest with a protective stop to see if it continues to extend. Don't regret missing out; don't chase shorts, don't chase entries, wait for the next opportunity to strike.
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