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AMD, this market action is so irritating I’m cursing at it! The dirty washout tactics by the market-manipulating big player are disgusting—after huge orders smash the price down, it then drifts lower, and the retail traders are still dumbly waiting for a rebound. I’ll be damned if this isn’t clearly the main force digging a pit to bury people!
The money got poured into the order book with barely any splash, which shows the sell pressure at high levels is too heavy and retail can’t catch the bids. I’m watching the fund flow, and what I see is all signals of people fleeing. This washout is plotted with bad intentions—we can’t be cannon fodder.
At the current price around 492.21, place a short order first. Don’t be greedy. For a short-term take-profit, target below 485; for the stop-loss, set it at 496. That’s enough. Wait until the big player compresses the “water level” downward before considering getting back in.
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