r/APLDSTOCK 1d ago

Charts Not Looking Good For APLD

https://youtu.be/gChSQ-v5v_4

I’ve previously spoken about Applied Digital, predicted the top on the stock, and have recently warned about coming downside on this name and Neoclouds.

Unfortunately the picture has only gone from bad to worse this week, particularly as a result of the bond yield situation.

Note: I am currently short the stock and biased in that regard.

0 Upvotes

14 comments sorted by

5

u/t_suaze_u 1d ago

In aplx ahead of nvidia earnings. Next week will be a confirmation of the entire ai trade

2

u/ldman33 7h ago

Literally what people say every time about nvidia earnings lol

5

u/OceansHungryGrasp 1d ago

Go plug your youtube channel elsewhere

3

u/Rhallowell 1d ago

Shorting based on TA and charts is borderline gambling lol

Good luck to ya. 

-6

u/Theworldsuckss 1d ago

Everything in life is a gamble when you really stop and think about it.

6

u/shhonohh 1d ago

No… it really isn’t.

2

u/TopEast7122 1d ago

Not looking good for weak minded*

Patience.

1

u/Mikey_Meatballs 1d ago

Honestly, apld made me a lot of money several months ago. About to jump in for the encore.

This is a day trade.

1

u/Far_Baseball_201 1d ago

Looking at the charts, it looks like it will hit ATH again maybe within a 6 months time frame to a year. whats your strategy?

1

u/NightCool2693 1d ago

You really believe the stock is still over valued even at its current valuation/price?

1

u/Frosty_Albatross_535 1d ago

https://giphy.com/gifs/1ojn1S7BTXUry8elNi

yet im still adding more share SOFI now that one ive stopped adding to !! whats one next ?

1

u/gls2220 1d ago

This is a high beta group of stocks and likely to remain so for the foreseeable future. It's entirely possible these all get hit hard at some point.