🎯 Trade Setup Overview
Entry: Market at Open
Stop‑Loss: Below the trendline at ~$9.00
Primary Target: $14.60–$15.50 (analyst zone + historical highs)
Reward/Risk: ~50–60% upside vs ~7–10% downside = solid R:R ~5:1
📈 Technical Rationale
The stock recently bounced off a long‑term ascending trendline, confirming it as key support. A breakout above ~$10.40 would challenge the analyst consensus target zone ($14–15), projecting a favorable conviction trade.
The setup aligns with classic trend‑continuation patterns—lower risk entry at support with clear upside objective.
🤖 Fundamental/Bull Catalysts
Landmark CoreWeave Lease: APLD signed two 15-year leases (250 MW, + optional 150 MW) with Nvidia-backed CoreWeave, expected to generate ~$7 billion in revenue over the term.
Strong Sector Tailwinds: AI infrastructure is surging. CoreWeave is investing billions in new data centers (e.g., 100 MW→300 MW in Pennsylvania). APLD rides this wave as a data-center REIT pivot.
Analyst & Options Sentiment: Analysts target $12.70–13.40; unusual options flow shows heavy interest in calls up to $15 strikes.
📊 Volume & Momentum Metrics
The recent bounce was accompanied by increased volume—a signal of institutional demand and trend continuation.
Technical indicators confirm bullish momentum building.
📝 Trade Plan
🛠 Risk Considerations
Trend support could fail—if trend breaks below $9.00, cut losses quickly.
Broader tech pullback or AI sector rotation could pressure price—always trail stops accordingly.
Entry: Market at Open
Stop‑Loss: Below the trendline at ~$9.00
Primary Target: $14.60–$15.50 (analyst zone + historical highs)
Reward/Risk: ~50–60% upside vs ~7–10% downside = solid R:R ~5:1
📈 Technical Rationale
The stock recently bounced off a long‑term ascending trendline, confirming it as key support. A breakout above ~$10.40 would challenge the analyst consensus target zone ($14–15), projecting a favorable conviction trade.
The setup aligns with classic trend‑continuation patterns—lower risk entry at support with clear upside objective.
🤖 Fundamental/Bull Catalysts
Landmark CoreWeave Lease: APLD signed two 15-year leases (250 MW, + optional 150 MW) with Nvidia-backed CoreWeave, expected to generate ~$7 billion in revenue over the term.
Strong Sector Tailwinds: AI infrastructure is surging. CoreWeave is investing billions in new data centers (e.g., 100 MW→300 MW in Pennsylvania). APLD rides this wave as a data-center REIT pivot.
Analyst & Options Sentiment: Analysts target $12.70–13.40; unusual options flow shows heavy interest in calls up to $15 strikes.
📊 Volume & Momentum Metrics
The recent bounce was accompanied by increased volume—a signal of institutional demand and trend continuation.
Technical indicators confirm bullish momentum building.
📝 Trade Plan
- Initiate long position around $10.00.
- Place stop-loss just under trendline (~$9.00) to limit downside.
- Scale out partial at $14.60 (analyst target) and consider holding a tranche toward $15.40 (historic high).
🛠 Risk Considerations
Trend support could fail—if trend breaks below $9.00, cut losses quickly.
Broader tech pullback or AI sector rotation could pressure price—always trail stops accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.