$ALAB fell 8.9%, but funding went to zero. This kind of structure where funding doesn't go negative after the drop indicates the shorts never really followed through—it was purely the long side smashing on its own. Once the emotional release is over, the selling momentum will fade, and the rebound window is opening.
The last leg was similar to that setup—I ended up dying while chasing shorts, thinking that since it had dropped, someone would surely take over. In the end, the shorts paid nothing. I’m not doing a shorts momentum relay. At the 319 level, I’ll try a rebound: take a 50-dollar position, stop loss at 312, and take profit first around 332.
Trading tag: #TradFi #链上美股 #ALAB
How do you interpret the news on ALAB?
The last leg was similar to that setup—I ended up dying while chasing shorts, thinking that since it had dropped, someone would surely take over. In the end, the shorts paid nothing. I’m not doing a shorts momentum relay. At the 319 level, I’ll try a rebound: take a 50-dollar position, stop loss at 312, and take profit first around 332.
Trading tag: #TradFi #链上美股 #ALAB
How do you interpret the news on ALAB?