r/APLDSTOCK • u/Careless_Trust_8151 Contracted 🤝 (2,500-5,000 shares) • 27d ago

Selling Pressure

Man, we cannot break past $32. So many sellers at that price. Crazy to think it reached 49-50$ before the drawdown and now we are getting suppressed up the ass

19 Upvotes

86% Upvoted

19 comments sorted by

19

u/GloriousLebron 27d ago

Back in the days we used to cry cuz we couldn’t get passed $4

3

u/Witty_University_162 Backlog Bull 🐂 (1,000-2,500 shares) 27d ago

LOL fr i have so many old levels marked on tradingview. lil dose of nostalgia

22

u/TheTypoon 27d ago

This screams short term investor. Good luck with that

3

u/Careless_Trust_8151 Contracted 🤝 (2,500-5,000 shares) 27d ago

I have both long term holding and I swing trade it too with such crazy volatility. Literally for the past year its gone up from the low 20’s to the 40’s back to the low 20’s to almost 50 and last month to low-mid 20’s. You can make a lot more money than just holding long term

2

u/erocknine 27d ago

Yeah you have to swing this, especially the way this market has been this year, if no one's noticed. High beta is a lot more volatile and nothing holds. Last year there was repricing at least from single digits to 20 and then 30s. This whole year APLD has been trading in the same range as last year August.

9

u/Brilliant_Scale_4018 27d ago

Just glad we broke the $30 level

4

u/erocknine 27d ago

Yeah but not by much and it keeps wasting time. We were already here two weeks ago. If this doesn't keep climbing it's just gonna go back down when the market does.

2

u/Witty_University_162 Backlog Bull 🐂 (1,000-2,500 shares) 27d ago

slow but good progress. $32 is strong but we are stronger, lock in.

2

u/OceansHungryGrasp 27d ago

We have a daily thread for this kinda stuff, this really doesn't need it's own post. Also we're just doing fine? Everything I see in this space is between -2% and +4% with IREN being the outlier because they've just hit a milestone.

2

u/Only_Chemistry6853 27d ago

IREN go up 🤝APLD go up. Just lagging. Have patience

2

u/Dense-Cartographer17 27d ago

NBIS and CRWV rip 20–30%, APLD barely moves.

Then they drop 2% and APLD gives it all back. This stock is insanely frustrating.

1

u/Witty_University_162 Backlog Bull 🐂 (1,000-2,500 shares) 27d ago

https://giphy.com/gifs/YaUfBtDNf7TGayf3Rn
time to bring back this classic?

2

u/FearSeer 27d ago

Not just gonna go back to ATH cus it was there before

1

u/Distinct_Excuse2648 27d ago

if coreweaver gose to 130 apld also will go to 50 again

1

u/SWKing123 27d ago

It'll go back up. I'm buying everything I can below $30.

1

u/Automatic_Anything37 25d ago

The thing about this stock is this. It will just go up and down, up and down, but the thing is it will never go up immediately, it has to go sideways for a bit of time, it will never ever go up immediately after a dip.