Will $LAB finally turn things around? 🤔
📉 After more than ten days of bleeding, $LAB finally had a more decent bounce.
What do I think?
If you really want to go long, from here you could buy spot or use low leverage, 2 to 3x. If it works out, a 2 to 5x reversal could happen.
And if it goes wrong?
If it breaks below the low, cut your losses (stop-loss). No whining, no excuses.
My opinion:
• The bounce could be the start of something bigger.
• But you can't ignore LAB's history of declines.
• Using low leverage is prudent — since the risk of breaking below the low is real.
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