$AMD the reason why I am watching 34.90$ for bullish entries. We saw a decent consolidation and lower volume there after a nice ER run. All of a sudden, the stock broke out on much higher volume which I believe also caused a short squeeze. I’ve seen these patterns before a few times now. The recent price action has really got me questioning how much of this run is genuine bullish buying from institutions and how much of it is related to hedges trying to manipulate the stock. Holding puts but mainly watching. Watching 36.40, 36.25$, 35.90 (only gap), 35.60, and then 34.90. GL all.
  • 2