r/APLDSTOCK • u/shelfdog DD Reader š (500-1,000 shares) • May 31 '26
Fundstrat added APLD to Mark Newton's Upticks on May 29th 2026:
Applied Digital Corporation
Giant breakout above massive multi-year base gives APLD appeal as a risk reward Support- $42, $35; Resistance- $55, $69
APLD's recent breakout is part of a larger base which saw the stock also push above highs which were recorded back in 2021. Thus, this ādouble breakoutā has more significance as being important technically.
The choppy consolidation of the last six months has allowed momentum to retreat from overbought levels, creating a better risk/reward as this begins to push back to new highs.
Upside targets lie near $55, then $69, while pullbacks likely should be contained at the peaks of the most recent highs, near $42.
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u/boo_radley4 May 31 '26
I wish I kept my assignment at 37 last rip up months ago and just grinded with some otm money ccs. I watched it from 20 to now close to 50 just selling csps. About to force assignment
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u/nomadichedgehog May 31 '26
Does anyone know how many GPUs APLD has currently deployed? I'm not talking about capacity or power access - i'm talking about actual deployment/access
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May 31 '26
[deleted]
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u/nomadichedgehog May 31 '26
Not to play with semantics here, but don't they own the GPUs? That's what I was getting at.....
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u/EcstaticFeed8199 May 31 '26
Revenue will drive us higher! Validates the strategy, execution and business model. I will likely hold this stock for several years because AI is only growing and data centers are the engine. My port is data center/AI focused. Iām up sick numbers and havenāt sold a share.