AMD Trade on Jan 29, 2021 09:59 from spyrosz: Tradervue User Stock Trades.

Two days after earnings, again about to open close to the all-important previous break-out level $87, which was previous resistance in a 3-month old consolidation channel before the break higher. Until clear break-down below $87, I was a buyer.

Premarket plan was to get "long" if S1=$87 held support and name started moving higher, risking tight stop below LOD, expecting a lift-off from support.

Flushed thru S1=$87 at the open, but quickly reversed and reclaimed the level.

Got long Tier 0 once it started holding above S1=$87 risking LOD=$86, added another tier risking the higher low $86.6, expecting the push to 90s.

Just couldn't lift-off w/o market alignement. Sold 70% after the lower high for small profit, all out once it broke below S1=$57.

B/e trade.

(-) The retracmeent+rejection at S1+VWAP+intraday downtrend was a nice calculated short. Thought of it but stayed on the sidelines due to previous bullish bias.