Trade Call on Applied Digital

6 days ago

"The last stock to look at to add to your portfolio that could potentially surpass your full-time job is Applied Digital. I told my Discord to get in last summer when the stock was $5, and I got in originally when it was around $4 to $5. Now the stock is well into the $30 range. Looking at the technical chart, my AVP for Applied Digital is between $22 and $27, and I would be looking to buy in that range. They recently picked up an eight-plus billion dollar contract for server rental space, and if the stock breaks above key resistance levels, it could potentially reach $40 by the end of the year and even higher in the future."

The speaker makes a trade call on Applied Digital based on strong technical analysis and significant catalysts, including a major contract in server rental space and the promising AVP range between $22 and $27. The recommendation emphasizes a dollar-cost averaging strategy and identifies key price levels that could lead to further upside, making it a compelling medium-term trade.

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