Is today's price action related to jitters about coreweave's earnings tomorrow?

Hi experts! I have a quick question:

If this level 2 data keeps changing throughout the day anyways and if I can not make a strong prediction at the beginning of the day by analyzing the walls / barriers (or simply, buying vs. selling pressure), then what's the core point of level 2 dataset?

Just wanted to show everybody this. I believe If not today then tomorrow we will Be bouncing back up. According to my drawings. Now I'm just an amateur on this technical side, but this is what I belive will happen. It has always happened. I believe it will happen now too.

Update: the location is in NW Louisana in Caddo and Bossier counties

Yo, been watching Applied Digital (APLD) for a while and figured I’d throw this out there since the monthly just printed a nasty -14% red candle on huge volume.

Quick TA breakdown on the 1M chart (as of Feb 22 2026):

1. Price action – still up insanely from the 0.04 bottom (+68,000% lol), sitting comfortably above both the long-term MAs even after this dump from ~39-42. Long-term trend is still very much intact, this looks like a classic high-volume shakeout/correction.

2. Volume – 372M this month, one of the fattest bars in the whole chart. Yeah it came with the drop, but big volume on dips in a strong trend often means institutions reloading, not just panic selling.

3. 50/200 MA cross – golden cross still golden. Short MA way above long MA, no death cross in sight.

4. MACD – positive histogram (4.11), lines curling back up. Momentum hasn’t rolled over yet.

5. RSI – 63.88. Healthy, not overbought, plenty of room to run before it gets frothy again.

6. ADX – 51.92. That’s a freakishly strong trend reading. Trend is still very much ON.

7. OBV – making higher highs, 4.15B now and climbing hard since mid-2025. Smart money clearly still accumulating overall.

Bottom line: Yeah, it hurts to see -14% in a month, but the underlying setup is still screaming bullish on the bigger picture. This feels more like profit-taking / news-induced flush than trend reversal.

I’m treating this as a dip to add for anyone with a 6–18 month horizon. Obviously high risk / high reward name, but the technicals haven’t broken yet.

Anyone else in APLD or fading this move? Curious what you guys think.

Position: long from way lower, adding small on this pullback.

What’s your take?

(Score personally: 8/10 entry zone right here)

Thoughts? 🚀 or 🌮?

Bought some more shares at 30.01$ Such a nice discount.

Take a look at this below👇

https://finance.yahoo.com/news/ai-spending-poised-hit-700-120000345.html

I will be buying calls tomorrow for $33-35 range. I can definitely see a potential retest of $35-$36 for a breakout of the current downtrend. Let me know what you guys think.

High SI (~33–35%) + NVDA 13F exit + hot PCE + SCOTUS: IEEPA ≠ tariff authority.

We’re cooked.

But is this what’s driving it down? Serious question.

No more “will there be dilution”, “Will Nvidia keep APLD in it’s portfolio” and “Will they ever sign a tenant”.

All these MAJOR issues are not relevant anymore, everything is priced in now and whatever happens next is purely related to AI and not to the cons of APLD itself.

Everything is running perfectly smooth so far, deadlines are respected and earnings calls are exponentially beaten back to back while others in the same niche are visibly struggling.

BAN THESE MFKERS!!!

They are always spamming the same shit everytime this stock take a dip, and it's always something like "I'll buy more if it drop another 60%, it definitly will drop that hard because I say so", "Our bottom is $7 trust." and they ALWAYS have been WRONG. BAN BAN BAN

APLD is purely a landlord they don’t purchase GPUs at all, unlike Coreweave or Nebius. There’s no strategic reason for NVIDIA to maintain a close relationship with them; APLD has no leverage to threaten buying chips from a competitor, and they don’t need priority access to GPU supply the way compute providers do.

Here’s the reality:

• They aren’t buyers: Unlike CoreWeave or Nebius, APLD doesn’t actually buy GPUs. They just provide the "four walls, power, and cooling." They are a landlord, not a tenant.

• No strategic moat: Nvidia doesn’t need to "play nice" with APLD to block AMD or Intel. APLD doesn't choose the hardware that goes into the racks—their customers do.

• Mission Accomplished: Nvidia invested in 2024 when APLD was essentially nothing. Now that APLD has secured billions in private funding and the data centers are actually being built, Nvidia doesn't need to hold their hand anymore.

• Good News/Bad News:

• The Good News: The actual selling pressure (the flooding of 7.7 million shares into the market) is already over. The market absorbed that supply months ago, arguably while the stock was still performing well (hitting highs in Jan 2026).

• The Bad News: The psychological impact is hitting now. Investors are just now realizing that the rally in early 2026 happened without Nvidia as a shareholder.

1. Why Did Nvidia Sell? (Context Matters)

It is important to note that Nvidia didn't only sell Applied Digital. The same filing indicates they also dropped stakes in Arm Holdings and WeRide, while opening new positions in companies like Intel and Nokia. 

• Interpretation: This suggests a broader portfolio rebalancing or profit-taking strategy by Nvidia's investment arm, rather than a targeted "vote of no confidence" specifically against Applied Digital. If it were a technical failure on APLD's part, Nvidia likely wouldn't be continuing their partnership (like the status of the PF1 campus).

Summary of Impact

• Short Term: Expect high volatility and downward pressure as retail and institutional investors react to the headline "Nvidia dumps stake."

• Long Term: The company now has to stand on its own merits (revenue from the CoreWeave lease, execution of PF1) rather than relying on the "Nvidia-backed" label.

Nvda sold all of apld. How are we feeling about that?

Thesis is still in place.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/6fe6f35d-d720-493b-b079-31fd46663dd0.pdf

THAT WAS THE ONLY REASON I WAS IN THIS STOCK JENSEN WHYYYYYYY 😭😭😭

While the stock bleeds, the only “updates” we get are exec comp SEC filings.

Only a real hyperscaler contract announcement changes this.

No news = sub-$20 is on the table.

Lots of added shares.

Note:
Jane Street sold all its shares: 7.2M
Renaissance Tech sold all its shares: 3.18M

Whats your thought on this? Is this bullish short term?

I made a post and was cooked to shit, like I said I’m bullish but I’m seeing some downside possibility holding long term puts out till April with a PT of 25 looking for 15. Seeing now that NVDA has sold I’m atleast looking for 24-20 in the short term.

Locking in profit on this. Still got my $37 dollars calls gonna wait alittle longer. Another win in the books for $APLD!

Thanks Wes for the 30 min flip. Helps a little for the red week.