Steve666

Iron Mountain (IRM) ..... A Short Term Peak ??

NYSE:IRM   Iron Mountain Incorporated (Delaware)
Iron Mountain ( IRM ) has had a 35% run in 35 days.

I have indicated a Wolfe Wave formation which projects a $48 target in early May.

Overlay this with a Harmonic Crab Pattern which is the basis of forming.

(For purists this developing Crab pattern may not meet their more exacting criteria.)

Additionally the indicator in the bottom panel suggests a forming top and needs to roll over.

Nevertheless I would suggest that around the $59 area if archived, may be a good place to extinguish existing positions or even short.

If this doesn't happen then drive on to another situation ,,, never chase.

That's what I will be watching for to take action on.

I will update this as warranted.

Not investment advice, do your own diligence and respect broad markets and World events.

Good Luck

S.
Comment: An update Not yet...

Comment: Still not ready....

Comment: An update... surprised with its strength