LABS looking pretty extended...

Looks like some residual buying pressured forced LABS up to another daily higher high, before triggering expected profit taking. Levels on watch, but I would not want to be holding any position right now. We may see some healthy and reasonably overdue consolidation, perhaps looking for some FIB levels in anticipation of lower lows and lower highs.
Chart PatternsTechnical IndicatorslabsTrend Analysis

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