The analysis of APLD highlights its current price of 29.36, attempting to breach the 29.45 resistance level, identified as a former gap-up point with minimal prior overhead resistance. Following a significant bounce from the 21.05 support, which propelled the stock towards its all-time high of 40.20, APLD has demonstrated a rapid ascent, including a 40% gain over seven days and exhibiting a stair-step pattern. Fundamental factors, such as an 85% year-over-year revenue increase and recent funding, reinforce buyer confidence. The primary technical target for APLD is its all-time high of 40.20, with an intermediate resistance noted at 36.39. For the broader market, QQQ, currently at 623.52, is displaying robust bullish momentum, having moved above the 616.97 resistance, with an inferred target of 640.00, aiming beyond its previous high of 637.01. Similarly, SPY, currently at 683.89, is confronting its 684.08 resistance, with an anticipated push towards its all-time high of 689.70, leading to an inferred target of 692.00. The overall market's bullish trend is expected to catalyze APLD's further upward movement, suggesting that any bearish attempts will likely be minor due to strong momentum.