Bullish Points:
Applied Digital's fiscal third quarter 2024 financials show promising developments with a significant revenue increase to $43.3 million, marking a 208% rise from the previous year. This growth is fueled by expanded data center capacities and new revenue from cloud services. Strategically, the company has secured an exclusive agreement and executed...
It appears we're poised to enter a new liquidity zone once we surpass the $2.60 mark. I plan to buy shares at the lower boundary of $1.89, and will keep adding to my position if prices drop further. Despite the less-than-ideal financials at present, the future looks promising once the company activates its data centers and commercializes its GPUs. The potential...
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...
Analyzing the options chain and the chart patterns of APLD Applied Digital Corporation prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I realize these guys financials are trash, But I really like the business model, This is a long term hold for me as I believe Data is the next gold rush.
Not worried about the lawsuits, those guys throw them around left and right, the accusations don't seem too worrisome.
My key buy areas are the LVNs, $2.90-$3.00 Area, here.... Depending on earnings ill make...
APLD operates in the high-demand sectors of AI cloud services and next-generation data centers, benefiting from key trends in artificial intelligence and digital infrastructure. The company's strategy involves renting out data center space crucial for AI development, rather than creating AI algorithms itself. This approach has led to significant revenue growth,...
APDL is a highly shorted stock that looks to most likey continue downtrend during this economic turmoil. The stock has risen many multiples over the last few months and recently broke downward out of a large medium term channel.
Introduction:
Greetings traders! Today, I would like to share an analysis of Applied Digital (APLD), highlighting a potential breakout scenario. APLD is currently trading at $9.80, facing resistance on the daily chart between $10.50 and $11. Join me as we examine this horizontal channel and explore the possibility of a breakout, keeping in mind the need for a...
not the worst scenes here on the blockchain space. all of these stocks seem to follow the market as a whole, with the push towards cbdc these stocks could really take off again in the future. would keep your head up and be careful since theres significant risk however the upside is huge.
Most recent news - finance.yahoo.com
APLD is one that seems to follow BTC. However I do see that it has its own technical moves that is worth paying attention to. I have marked levels of support on my chart there with interest in taking a position at the break of $2.50. The late trading day and AH movement today looked promising so I will be keeping an eye on...
Yesterday, one particular company caught our attention. As of yet, we do think anything particular of it; however, a staggering move of more than 100% within a matter of hours is definitely mind-blowing and exciting to watch. Moreover, a massive explosion in volume accompanied the price action, which elevated the stock to a July high. As a result, we will monitor...
