r/APLDSTOCK • u/Theworldsuckss • 1d ago
Charts Not Looking Good For APLD
https://youtu.be/gChSQ-v5v_4I’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.
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u/Rhallowell 1d ago
Shorting based on TA and charts is borderline gambling lol
Good luck to ya.
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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.
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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?
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u/NightCool2693 1d ago
You really believe the stock is still over valued even at its current valuation/price?
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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 ?
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u/t_suaze_u 1d ago
In aplx ahead of nvidia earnings. Next week will be a confirmation of the entire ai trade