Applied Digital Hammers $13 Bottom – $26 Breakout LoadingApplied Digital CorporationBATS:APLDDEXWireNewsAPLD trades at ~$25.96 (up +2.77% intraday on 1H chart), showing solid recovery strength after a deep correction. The stock rallied aggressively from mid-2025 levels to a peak near $42.27 in late 2025 on AI data center and HPC demand, before pulling back sharply into early 2026 and testing lows around $13.17. Key observations: - Clear downtrend from Nov 2025–Feb 2026 formed lower highs/lows. - Recent action broke the descending trendline with a decisive bounce off $13 support, forming higher lows and reclaiming $25–$26 zone on elevated volume. - Momentum flipped bullish; holding firmly above the 50-period MA. Analytical buyer outlook: - Upside trigger: Break $27–$28 on volume — targets $30–$35 retest. - Support to defend: $23–$25 zone; break risks slide to $20–$22. - AI/HPC infrastructure tailwinds remain strong. Verdict: Correction exhausted — bullish reversal underway. Buyers dominant near $25–$26. Constructive setup if $28 clears; bias positive.