meitshel

APLD - Next Generation Data Center - long

Long
meitshel Updated   
NASDAQ:APLD   Applied Digital Corporation
ImageApplied Digital Corp designs, develops and operates next-generation datacenters across North America to provide digital infrastructure solutions to the rapidly growing high performance computing industry.

This is not a financial advice!

This is more of a long-term play due to rapidly growing AI and digitalisation more and more data centers will be needed

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Keep an eye on 6.4 and 7.4 (gap between) levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 4.0

TP approx. 8.5 or 11.0

Most info on the chart.

Trade carefully!
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.