Applied Blockchain Inc (APLD)

[KingsKnight]

A Change For Sure.
Since the drop to $1.35, there has really been a bit of increased volume here. If you look at the daily trades going off, it would appear that there are many 1000+ share blocks that have exchanged. As well likely, smaller blocks that make up larger orders. If you look at the # of trades vs Trade Value, you can get a sense of the average size trade blocks. I like the increasing VWAP, going in the right direction. There's the outside force of another lull in cryptos as well at the moment. Looking for a break over $2.50, best we can hope for now.

Grouse Hunter Thursday, 02/17/22 04:20:10 PM
Re: None
There sure seems to be a battleground lately between large share block purchases and large share sells (with respect to APLD’s volume anyhow). Does someone know something or is it an effort to prop up the stock price? Anyhow this is giving folks that want to exit the volume they need to sell larger blocks of stock. Hopefully we run out of sellers soon so we can get a nice pop up into the $3-4 range again.