Jul. 15 at 10:48 PM
$APLD (Applied Digital) Recent Price Action - Technical Traders Perspective
Hey guys,
So the stock
$QTTB has had an amazing run over the past year, up almost 1400% but in my opinion this is where the party comes to an end.
It was inevitable that sooner or later the company was going to dilute their float and seems that lucky day was today.
My final price target for
$QTTB if the stock has any more juice in the tank will around
$30, but this for me will be almost certainly be a trap waiting for retail.
Not to mention the horrible short interest % float being 35% (as bearish as it gets).
All of these points combined seals the fate of the stock it's only a matter of time before we see a huge sell off.
All the info and specific price targets/resistances are in the video.
(NFA)
https://www.youtube.com/watch?v=cqY64YVeIaM