AMD Trade on Dec 15, 2020 09:30 from thefudawg: Tradervue User Stock Trades.

AMD had a reversion to the mean last week and then a big upgrade to $110 from $96 by GOLDMAN SACHS. There was also another upgrade the prior day before too and AMD held its ATH during the market sell-off on the NYC news. There was a 30m squeeze starting in the pre-market, which did not end up firing. SMH and chips were looking strong and the thesis was that if we held the $94 level we could continue the move here.

In the pre-market, we gapped up to the top of the $96.37 level (prior ATH) and it really looked like it was going to be a blow and go. I got into this about half through the first bar when seeing the massive volume and strength of opening candle. Locked it at the second yellow dot after we got a nice pop off the 1m 8EMA. Got back in when we tapped it again and was looking to break toward ATH, but we got stuffed at $98. Locked it shortly after when we couldn't break and the squeeze pro histogram was starting to show strong buying momentum slow down.

Grade: A++