The good news just keeps on coming for AMD. The shorts have no position left and if they double down it will be a perfect opportunity to squeeze them out again!
Targets:
7/27 --> $20+
8/3 --> $22+
Targets:
7/27 --> $20+
8/3 --> $22+
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Pretty much exactly on target as expected for the first squeeze. Most of the pop should happen when positions are forced at close. Hang tight!, this is a weekend trade and then decide whether to go for round 2 next week!
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Shorts covered early and the stock held well. holding position into second squeeze. Will be posting new update based on Monday data. Hold the line! It's time to take a run at 20 and another short squeeze!
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Looking good so far pre-market. Let's get it above $20 before the squeeze. Expect that, like last week, most shorts will cover early so don't expect much bump on friday. Push early and keep it above $20shorts will cover up to $21-22 if we can get break and get a base of resistance set up at $20 early this week.
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Looking good for monday. Here's my conservative view for the week.
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Big shorts pushed us down this morning selling below value pre-market at around 4am this morning. Hold tight and buy the dips. Make them cover their shorts!
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Been a heck of a week. So close to the target... Trade war fears pushed a lot out of the market yesterday after we got back on track. Looks like we're heading back towards the right zone to squeeze up to 20. Let's see if we can hold out tomorrow and tonight.
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Who's in for round 3?
Breaking back up towards $20. Upgrade from another major investment firm up to $25.
This could get interesting.
Let's watch as we approach $20 and see if we can find a new base there.
Breaking back up towards $20. Upgrade from another major investment firm up to $25.
This could get interesting.
Let's watch as we approach $20 and see if we can find a new base there.
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Should be an interesting day. Rumor has it that intel will announce plans to compete with AMD. Short interest has been increasing, but its possible that some may have covered already, it seems likely we could squeeze a bit higher.
Patience is a virtue. Let's see where we end up this afternoon and then we can try to predict the rest of the week.
Patience is a virtue. Let's see where we end up this afternoon and then we can try to predict the rest of the week.
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Another upgrade from major firm ($21). Market overall is down today and a bit topsy turvy this week. Considering all the pressure from short sellers and trade war fears... the stock has held up well.
Next week should look a little better as we try to outgrow these angsty teens.
Next week should look a little better as we try to outgrow these angsty teens.
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Who's wants some Turkey?
Still a ways off from thanksgiving, but it looks good when we are rising against the market in general. If we hold going into Wed. there's a good chance we could finally get to the proper targets.
Better late than never!
Also, I'm patient, if you can't tell. AMD is going places and I don't want to miss it when everyone else figures it out.
Still a ways off from thanksgiving, but it looks good when we are rising against the market in general. If we hold going into Wed. there's a good chance we could finally get to the proper targets.
Better late than never!
Also, I'm patient, if you can't tell. AMD is going places and I don't want to miss it when everyone else figures it out.
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All over the place today, lots of profit taking. Planning to ride this up against the waves of shorts. Short interest is particularly high right now and if we manage to close near 20 today, then we could potentially set up a base on weds and thurs.
Planning a new chart soon, but as of now too many variables in play.
Anyone know of any good AMD news coming down the pike? ;)
Planning a new chart soon, but as of now too many variables in play.
Anyone know of any good AMD news coming down the pike? ;)
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We are gonna drag those shorts kicking and screaming into this next squeeze. Looks like a good week for it.
Max pain for (8/24 closing) is lifted to $19 as of today. I'd be surprised if we close below $20 for the rest of the week. Though I am sure we will get some dips as the shorts and MM try to cover their positions. Load up on the dips!
New Chart coming soon...
Max pain for (8/24 closing) is lifted to $19 as of today. I'd be surprised if we close below $20 for the rest of the week. Though I am sure we will get some dips as the shorts and MM try to cover their positions. Load up on the dips!
New Chart coming soon...