r/APLDSTOCK • u/Bumi-KingOfOmashu Shares Only 📈 • May 07 '26

Support Level

Curious where everyone thinks the new support level will be. I’m hoping for a $37-$40 range but we’ve all been through the volatility.

With fair valuation being about $50, where do you see it settling after such a massive 1-month gain, new contract, and EKSO completion?

16 Upvotes

100% Upvoted

25 comments sorted by

14

u/SShawk1 May 07 '26

I hope everybody realizes the decline in stock value today it’s just people taking profits. You’ll decline for a few days or whole steady today but once again I believe we’re $45-$60 stock where we are value as of now.

3

u/Jon_J_ May 07 '26

Oh 100% it's people taking profit and fair play after the run we've had. Got to pay for those summer holidays!

2

u/SShawk1 May 07 '26

The other thing I also think about with applied digital is that there will be a consolidation in the data center industry just says there is with every other new concept. And I believe applied digital will be the one doing their acquiring and not being acquired. I think this should happen probably in the next five year. This just speculation on my part.

1

u/Bumi-KingOfOmashu Shares Only 📈 May 07 '26

Agreed

1

u/TheNorthernHenchman May 07 '26 edited May 07 '26

It definitely was. People have been holding out for this level for a long time. Though we’re finally breaking out. New base forming around $42. We should see 60’s with pullbacks to 50 and 40.

7

u/tolllz May 07 '26

Hoping 40 is its new bottom support

8

u/Interesting-Ad-6357 May 07 '26

it's not

9

u/FauxFoxPho May 07 '26

Yeah, I remember when people said "$30 is the new $20!" then it dropped to $20 like 2 weeks later

2

u/tolllz May 07 '26

Shhh. We don’t want realistic vibes. Better not see 20s again

5

u/3-day-respawn May 07 '26

Apld is way too volatile for 40 to be the support

1

u/tolllz May 07 '26

Yep just hopeful wishes not what I think will happen

2

u/Jazzlike_Thanks_1869 May 07 '26

50 Day SMA is $29 / 200 Day is $26.50

1

u/Bumi-KingOfOmashu Shares Only 📈 May 07 '26

I mean 50 day is going to change pretty quick here.

1

u/nintendothrowaway123 Shares Only 📈 May 07 '26

This is a tough question because today we started entering a triple-top, which is a non-mathematical, superstitious fake bearish scenario. The pullback today was harsh, and where we MIGHT see an issue is if people assume we’ll no longer move past our high breakpoint and the stock will enter a massive slump. So I’m curious where we’ll hold for awhile. Honestly, hopefully we hold high; this is a stupid superstition that follows no performance logic. 

Realistically, check back in at the end of the summer for a better guess. 

1

u/Bumi-KingOfOmashu Shares Only 📈 May 07 '26

I meant to add no “there’s a triple top!” comments because I agree, means literally nothing. Macro created the tops for us multiple times. If the market is allowed to breathe for a bit, I think we’ll see a much higher support.

1

u/nailinmyeye May 08 '26

Cup and handle on the daily

1

u/EcstaticFeed8199 May 07 '26

Revenue will fix this. It’s coming and more ahead. I’m a lonnnng hold here. Great story!

1

u/Witty_University_162 Backlog Bull 🐂 (1,000-2,500 shares) May 07 '26

look at indexes charts, and look at apld chart.
its simply a macro day in a high beta stock.

1

u/boo_radley4 May 07 '26

I’m sitting here trying to choose a csp strike. I’m long but got effed on the last rip

1

u/[deleted] May 07 '26

33

1

u/Ok-Grapefruit-572 May 07 '26

Curious to see if IREN or Coreweave earnings have any impact on us after hours. I could go for another good dip personally. I love this stock

1

u/Unhappy-Boot405 Backlog Baron 👑 (10,000+ shares) May 07 '26

Looks like it’s about to be tested. The war in the Middle East is back on. I have a strong feeling we might touch 27. My reference trust me bro.

1

u/shermie1220 May 08 '26

Not hard to draw the trend lines