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	Comments on: APLD Applied Digital Swing Trade Setup 6-10-26	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39242</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:57:09 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234">Alan</a>.</p>
<p>SYK&#8230; meh. I don&#8217;t have a good read on the chart, but trading well below its 200-day MAs, having recently bounced off the 279 support. Again, I don&#8217;t have much of an opinion on that one.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39241</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:55:40 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234">Alan</a>.</p>
<p>MDT had a nice pop on the post-earnings breakout above the steep bullish falling wedge/<abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line following the recent divergent low at support. However, that ship has sailed, <abbr class='c2c-text-hover' title='In My Opinion'>IMO</abbr>, or at least half or more of the meat has already been sheared off the bone. Might want to make a run at its 200-day MA&#8217;s but the stock is in no man&#8217;s land (smack between support &#038; resistance), so not really offering an objective entry at this time, but maybe after some more consolidation or a pullback followed by a breakout above the recent trading range (if the broad market looks okay at the time).</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39240</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:49:41 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234">Alan</a>.</p>
<p>Like the near or full majority of stocks (basically, if you back tech &#038; the big banks out of the market), ARCC is solidly entrenched in a bear market after peaking around the start of 2025<br />
With that being said, the stock recently broke out above a bullish falling wedge pattern on the daily chart below &#038; has been bouncing between support around 18.60 &#038; resistance around 19.45, the latter of which it would need to take out to trigger a buy signal.</p>
<p>If so, AND IF the stock market manages to hold up, then any or all of the marked resistance levels on this daily chart are potential targets. Otherwise, the recent bounce of the wedge breakout is/was probably just a bear market rally.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39239</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:44:50 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234">Alan</a>.</p>
<p>ABT looks okay as long as it can hold above the 89.90ish level or at worst, the bottom of the recent June 3/4 gap.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39238</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:43:12 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234">Alan</a>.</p>
<p>WT could be pounding out a bottom, putting in a divergent low back in Nov/Dec, but solidly in a bear market &#038; currently backtesting the 200-day MAs (resistance) from below. Needs to first clearly take out the 200&#8217;s, then the <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line off the 3/28/24 <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> high (use log scaling like on my daily chart below). If so, first target/resistance comes in around 27.74.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39237</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:38:50 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39235">Alan</a>.</p>
<p>My latest thoughts (and chart) on GLD I just posted in another comment reply here: <a href="https://rightsideofthechart.com/qqq-at-resistance-objective-re-entry-point-6-9-26/#comment-39236" rel="ugc">https://rightsideofthechart.com/qqq-at-resistance-objective-re-entry-point-6-9-26/#comment-39236</a></p>
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		<title>
		By: Alan		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39235</link>

		<dc:creator><![CDATA[Alan]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:33:26 +0000</pubDate>
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			<content:encoded><![CDATA[<p><a class="bp-suggestions-mention" href="https://rightsideofthechart.com/members/randy/" rel="nofollow ugc">@Randy</a>,  also need your take on GLD.   Where is it going?   when would you buy?</p>
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		<title>
		By: Alan		</title>
		<link>https://rightsideofthechart.com/apld-applied-digital-swing-trade-setup-6-10-26/#comment-39234</link>

		<dc:creator><![CDATA[Alan]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 15:31:15 +0000</pubDate>
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			<content:encoded><![CDATA[<p><a class="bp-suggestions-mention" href="https://rightsideofthechart.com/members/randy/" rel="nofollow ugc">@Randy</a>,  looking for some longs.  what do you think of WY, ABT, ARCC, MDT and SYK?</p>
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