It looks like the market movers are heading for a reversal next week unless this consolidation ends. I expect some tell early Friday. I'm operating on the assumption that most shorts have covered early this week as the upgrades and slight drop have likely inspired some positions to be closed.
It's still possible that all these recent upgrades could catch up and news of weak NVDA follow up card is also a win for AMD. Trade is the elephant that shouldn't be a concern but people worry and 90 percent of the game is sentiment, 5 percent patterns, and 5 percent luck.
Don't Panic!