$LAB — Air conditioning.
Short $LAB
Entry: 7.90 – 7.95
SL: 9.05
TP1: 7.20
TP2: 6.40
TP3: 5.50
This rebound is hitting a wall. 61.25% selling pressure in the order book, lower highs forming on the 1H candlestick, and the daily chart is a bleed after a manual pump. If 7.95 holds as resistance, the next leg down towards 7.20 and then 6.40 is definitely on the table.
Trade $LAB here 👇
Short $LAB
Entry: 7.90 – 7.95
SL: 9.05
TP1: 7.20
TP2: 6.40
TP3: 5.50
This rebound is hitting a wall. 61.25% selling pressure in the order book, lower highs forming on the 1H candlestick, and the daily chart is a bleed after a manual pump. If 7.95 holds as resistance, the next leg down towards 7.20 and then 6.40 is definitely on the table.
Trade $LAB here 👇