Kiwi Tigress
08-05
📣Okay but $APPLIED DIGITAL CORP(APLD)$ going up 30% after touching the 10-week?? That’s not just vibes, that’s structure. If it flips $14 clean I might need to stop sleeping on it
@Barcode：$APPLIED DIGITAL CORP(APLD)$ 🚀📊 AI-fueled and crypto-cooled: $APLD’s breakout play is heating up 🍋🔥📈 I’m extremely confident Applied Digital Corp ($APLD) is entering the acceleration phase of a multi-week squeeze setup. This $2.7B infrastructure company sits squarely at the crossroads of two of the most explosive secular narratives on the market: generative AI and Bitcoin mining. The charts are screaming bullish continuation, and the short interest? Jet fuel. APLD just inked a colossal $7B, 15-year hosting agreement with CoreWeave; giving it a massive AI compute demand tailwind. It’s also locking in relationships with red-hot AI players like Character.AI. That contract scale is unheard of for a mid-cap. This isn’t a retail speculation; it’s infrastructure-as-a-service for the next wave of compute. I’m seeing strong technical confirmation across multiple timeframes. After a textbook retest of the 10-week EMA, price exploded +30% last week and is now consolidating above the upper Bollinger band with a fresh MACD bull crossover. The weekly and monthly candles show explosive energy, and it’s not just price action. The short setup is prime. Open short interest is massive at 117.3M shares. That’s 21.45% of float shorted, with a short ratio of 8.24 and only 2.14 days to cover. Volume has surged to over 50M shares with bullish price action; clear signs of a pressure cooker. If price clears $14.40s, I expect a gamma feedback loop to ignite with upside toward $17.22 (analyst average PT) and potentially the $24 high-end target. Analysts are warming up. Based on 9 ratings, average PT is $17.22 with a 24.66% upside from current levels. Historical target deviation suggests even more headroom; the average forecast upside since Q1 has hovered around 67%. I’m leaning long with conviction while shorts are still leaning against it. Momentum has shifted to the bulls, and the Nvidia-correlated move across the sector (Nano-X, RXRX, Serve Robotics, CoreWeave) only strengthens the correlation trade. With Nvidia in breakout mode, the rising tide may finally trigger the squeeze here. 📢 Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets 🚀📈 I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! 🍀 Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀 @Tiger_comments @TigerStars @TigerPicks @TigerWire @TigerObserver
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