$LAB Short Setup: Rejection Zone in Focus
LAB is approaching a key resistance area between $12.50 and $13.00, where heavy overhead liquidity could trigger a rejection.
Entry: $12.50–$13.00
Stop Loss: Above $13.55
Target 1: $11.00
Target 2: $10.00
If $LAB closes above $13.55, this short setup is invalid and price could squeeze toward the $14.50+ zone. Until then, the bias remains bearish.
LAB is approaching a key resistance area between $12.50 and $13.00, where heavy overhead liquidity could trigger a rejection.
Entry: $12.50–$13.00
Stop Loss: Above $13.55
Target 1: $11.00
Target 2: $10.00
If $LAB closes above $13.55, this short setup is invalid and price could squeeze toward the $14.50+ zone. Until then, the bias remains bearish.