Before
On July 6, 2026, LAB broke down from a rising wedge and lost the 15.38 to 15.57 support on the 5m chart. I flagged a bearish setup, with 12.07 to 12.19 as the first target.
After
LAB hit the first target the same day, then kept falling. By July 9, 2026, it had dropped to about 0.65.
Result
About a 96% move in favor of the short, from the top to the July 9 low, on the visible chart.
My own trade: short at 16.6958, closed at 13.4141 on July 6 (10x leverage, +180.68% ROE). Leverage is high risk. NFA.
Original post: See the CMC post
