APLD APLD is becoming more stable the higher its price. For each of the 3 times that this stock has held above $15 for 4 consecutive days or more, it has remained within 90% of the floor price 100% of the time. Significantly, APLD demonstrates that the higher it's price levels held for longer intervals demonstrate stronger and more stable floor prices.
The stock has been above $19 for 4 consecutive days, above $18 for 5 consecutive days, and above $15 for 8 consecutive days. This places the stock in relatively uncharted territory, as there's limited historical data at these elevated price levels. Time will help confirm the reliability of these new levels, but without question the future remains very bright.