APLD Technical Rebound Play

3 days ago

"APLD data center play is finally taking a much needed breathing cycle. How far will she drop? Well, in case A, we see a continued slump to $20 and then a rebound back through previous resistance levels and slowly up to previous cycle highs. In case B, we see an even further dump to $12 previous channel highs and a resurgence. In case C, we see a more immediate bounce back coming in the next few trading sessions. As a long-term play, we are happy with all potential cases given, but understand that bigger dips can be even better opportunities for better deals."

The speaker discusses the technical setup for APLD in its data center play, outlining various scenarios from a deeper dip to an immediate bounce. The long-term view remains positive, suggesting that larger dips may offer better entry points.

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