Exit Case: AppLovin Corporation (NASDAQ: APP) 

AppLovin Corporation (NASDAQ: APP) provides end-to-end artificial intelligence-powered (AI) advertising solutions for businesses to reach, monetize and grow their global audience. APP has been a part of the 'Momentum Model Portfolio' since April 15, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the close price of USD 288.88 as on April 29, 2025.

APP’s Daily Chart

New Entry Case: GDS Holdings Ltd. (NASDAQ: GDS)

Overview: GDS Holdings Ltd. (NASDAQ: GDS) engages in developing and operating data centers in China. It builds, operates, and transfers data centers at other locations. 

Technical Analysis: On the daily chart, GDS's price has formed support at key levels, suggesting a potential upward reversal in the near future. The 14-period RSI has rebounded from the midpoint, further supporting a positive outlook. With the company's resilience and stability evident, the prospects of a continued uptrend increase, raising the likelihood of revisiting previous highs. GDS appears well-placed to capitalize on its momentum and achieve gains in the near term.

GDS is recommended as a new entry in the 'Momentum Model Portfolio' as on April 30, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the close price of USD 23.84 as on April 29, 2025.

GDS’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of April 29, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.