Here is a review of the AMD swing trade this week. I entered Monday around 160 with a target price of 165 by Friday based on the price being above the 9 day moving average on the daily and above the HVL line for the GEX indicator, plan was to start scaling out at 162.50. Averaged in on Tuesday because everything still looked positive. This morning it had dropped dramatically far beyond my original stop of 158 dollars and 20 something dollar stop loss. I did wait until after market open to see if it would bounce strongly because i looked and saw the drop was already multiple times the ATR which is a setup for a reversal trade, but again i wanted to be strict because i have been expecting a market crash at any moment and thought well this could be it and 150 could become 200 in minutes and i never planned for any of that. So i waited for the first bounce and then put my stop under that and it took it out of course and then regained almost the entire price lost by the end of the day. I could have closed end of day for a loss around 20 dollars. This was a classic snap and trap move from the insiders and i should have given this one a little more rope.