$LAB just hit another ATH at $21.9 and everyone's asking where the top is 🔥
Here's the reality: tops aren't caught with feelings.
Elliott Wave suggests an extended Wave 5. Fibonacci extensions from the major impulse place key exhaustion zones around:
🎯 2.618 Fib → $22–$24
🎯 3.618 Fib → $28–$32
Warning signs to watch:
• Daily RSI above 90
• Bearish divergence on MACD
• Volume spike without price follow-through
• Daily close back below $16
Until those appear, trend remains bullish. Parabolic moves can stay irrational longer than traders stay solvent.