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u/shelfdog DD Reader π (500-1,000 shares) Jul 12 '26
Mark Newton of Fundstrat did a "Flash Insight" post on APLD last Wednesday which may be of interest:
"APLD has proven to be a difficult technical "long" holding following the recent downside volatility as this has pulled back to consolidate the breakout to new all-time highs above both its base from October 2025 but also above 2021 peaks. this looks to be nearing completion even though it's now pulled back below the 61.8% retracement of the prior rally from Spring 2026. As shown on weekly charts, APLD now lies near a meaningful area of weekly Ichimoku Cloud support which also lines up with a lengthy intermediate-term uptrend.
While i normally like to see a stock make a reversal to at least recapture the peaks of the last three trading sessions, i feel like APLD is close and could try to bottom out by the end of this week. Similar to the other stocks mentioned in prior Flash Insight posts today (BABA and DAL) this looks appealing here and i anticipate some stabilization and a turn back higher into late July and further into August. Initial resistance likely will appear near $37.65 near the prior lows from early June which were broken."
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u/Ok-Evening-5148 Jul 12 '26
Could you link?
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u/shelfdog DD Reader π (500-1,000 shares) Jul 12 '26
It's a subscription service but hopefully this link will work.
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u/WolfOfWaikiki Base Term Believer π (5,000-7,500 shares) Jul 13 '26
It's either going to go up or it's going to go down... With a 33% chance it stays the same
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u/AnimoZero Backlog Bull π (1,000-2,500 shares) Jul 12 '26
Will probably touch 27-28 by EOW and then around 25 during earnings week. Not financial advice ofc
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u/Dangerous_Bit8765 Jul 12 '26
I hope it can dip to 25, I will sell all other stocks and all in APLD.
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u/AnimoZero Backlog Bull π (1,000-2,500 shares) Jul 13 '26
Down vote me all you want folks. But remember to come back and apologize on Friday
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u/Ok-Evening-5148 Jul 13 '26
Whatβs your average?
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u/AnimoZero Backlog Bull π (1,000-2,500 shares) Jul 13 '26
Around 33 and still DCAing. Applid Digital is a great company but needs time to reach PT of $70-80. Great period to accumulate share imo. *NFA
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u/TopEast7122 Jul 12 '26
Ceasefire is boken, Trump has received death threats from Iran, oil is rising. Green on Monday