Today $ALAB pulled another strong bullish long candle, jumping directly up 13 points. Combined with the prior move, the recent trend has indeed been very aggressive. I looked through LBank’s 24-hour movers ranking for stock tokens—$ALAB is ranked fourth, up nearly 16%, and the ones ahead of it are also tough opponents. Clearly, this sector has money moving in recently; it’s not just a single-stock story.
I reviewed it myself. Before this leg of the move started, there was actually volume quietly building, but at the time I didn’t pay much attention. Chasing now definitely doesn’t feel great, but as long as the trend hasn’t broken, holding is stronger than randomly tinkering. The key is whether $ALAB can hold this level. If it consolidates sideways and then breaks out again, the potential could be even bigger.
Anyway, the broader market has been chaotic lately. It’s not easy to find a name that’s running an independent trend. For now, I’ll hold and observe—don’t get off too easily.
I reviewed it myself. Before this leg of the move started, there was actually volume quietly building, but at the time I didn’t pay much attention. Chasing now definitely doesn’t feel great, but as long as the trend hasn’t broken, holding is stronger than randomly tinkering. The key is whether $ALAB can hold this level. If it consolidates sideways and then breaks out again, the potential could be even bigger.
Anyway, the broader market has been chaotic lately. It’s not easy to find a name that’s running an independent trend. For now, I’ll hold and observe—don’t get off too easily.