$LAB hit $24 yesterday exactly where I said to watch. Now the real question: where do you short the bounce?

Wave (5) peaked at $24. That massive red candle to $12.50 confirmed distribution. Classic dead cat bounce happening now $15.82 is the retest zone.

S

hort strategy on bounces:

Every bounce into $16.00–$17.50 is a short opportunity. Wait for a 4H candle rejection don't enter on green candles, only on red confirmation.

💎 SHORT 🔴

📍 Sell Zone » $16.50 – $18.00

🎯 First Target » $12.00

🎯 Second Target » $8.00

🛑 Stop Loss » $20.00

📊 R/R → 1:3

ZachXBT flagged this. Insider distribution isn't done.