The Professor (LAB)

If you have any questions about stocks, mining, or coins you’re curious about, feel free to ask 👇

#analiz #bist100 #gramaltın #gold #borsa #hisse #crypto #coin

$LAB – Is Wave C Still in Play?

Price experienced a sharp 76% collapse in a single H4 candle, followed by a strong 215% recovery across the subsequent three H4 candles.

This type of violent movement is not characteristic of organic supply demand dynamics. It’s classic market maker manipulation.

So, does Wave C remain valid for $LAB?

Bullish Structure Remains Intact:
- Price successfully pulled back to VAH and was strongly rejected higher.
- EMA and SMA clusters continue to act as dynamic support with upward bias.
- The overall parabolic uptrend structure is still preserved.

Currently, price is retesting the Golden Fib retracement zone.
A decisive flip and hold above this level would open the path for a New ATH.

However, rejection here followed by a break into the Pocket would likely invalidate the parabolic curve, signaling the endgame for this leg, imho.

Therefore, observe this critical zone carefully.