The analysis indicates that APLD has reclaimed the 36.39 level, signifying a bullish shift. Price action has formed a pennant structure, supported by a bounce from the 21.05 level, acting as a crucial base after a prior pull-back. This move led to a breakout past 29.45 and subsequently reclaimed 36.39. The current price stands at 37.40, with a predicted upward movement forming a 'third leg' in price action. The primary target for APLD is identified at 45.38, with potential to reach 50.00. This bullish outlook is contingent on maintaining support above 36.39. A decisive break below 29.45 would invalidate this analysis. For QQQ, the market index is consolidating within a pennant formation, having previously reached all-time highs of 636.19. The market has recently broken out of this pennant but is experiencing indecisive price action, facing resistance around 626.61 and specifically rejecting the 627.35 level. Key support for QQQ is noted at 616.97. The current price is approximately 621.26. The analysis suggests a period of back-and-forth consolidation for QQQ within the 616.97 to 627.35 range. A sustained move above 627.35 could lead to retesting the 636.19 all-time highs. Conversely, a break below 616.97 would exert significant bearish pressure and invalidate the current market outlook. Overall, both assets demonstrate technical setups suggesting potential for upward movement, with specific support and resistance levels guiding the predicted trajectories.