🔔 BUY Signal Alert! 🔔
🔗 Ticker: IRM
🌐 Market: US Equities
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 78.95
🛑 Stop Loss: 78.11
🥇 First Profit Target: 79.87
🏆 Final Profit Target: 80.73
The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where there is...
Fundamental Analysis
Q2 2023 Performance:
The company witnessed a 5% revenue growth in Q2 2023, displaying solid operational performance.
Despite positive revenue growth, the stock experienced a decline on August 3, 2023. However, the overall earnings growth reported over the past year was favorable.
Stock Performance and Investor Sentiment:
Iron Mountain's stock...
Company: Iron Mountain Incorporated (Delaware)
Ticker: IRM
Exchange: NYSE
Sector: Real Estate
Introduction:
Hello, and welcome to today's technical analysis. We are diving into the weekly chart of Iron Mountain Incorporated (IRM), a Real Estate company traded on the NYSE.
Analysis:
Taking a look at Iron Mountain's price movement, we can observe a series of...
IRM is an incredibly stable stock. Even currently as the market is falling IRM is green on the day. However, if you analyze the chart carefully you will be able to see that about a week prior to the dividend ex-date. The stock will fall. It's not a might fall. For the last few years, the stock has gone down in the span of 1-2 weeks. It has also been overbought...
IRM gap down today to break through trendline and 20MA which has lead to bearish price action previously.
I'm already short this name via LEAP puts as I think this will be a major top. It didn't quite reach my 2nd entry target.
Evening Star top appears also to be a Wyckoff UpThrust with declining volume.
The expanding structure appears to be a wave 4 and if...
IRM printing a very bearish monthly candle having held up above the expanding channel for most of the month but then collapsing through earnings just as I said it would in the previous thread. Not considering short term shakeouts, IRM had previously seen bullish price action to follow in through the last 4 earnings but here the dominant trend had reversed to the...
The PEAD projected a Neutral outlook for $IRM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
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...
$IRM on the daily looks textbook broadening top. After 12 day rally consolidating just at resistance, can even say this is bullflag. So this is bull and bear, watch for break on either side
IRM looks set for a major collapse here having struck a major long term fib and falling out an ending diagonal to form what is probably LPSY. RSI divergence also confirming top.
This will easily see 200 and 500DMA but I think it will go much further and will hold short positions.
Not advice.
Iron Mountain NYSE:IRM is a records and information management services company. Its share price has been falling rapidly as of late hence I would like to take the the opportunity to see how I use two of my custom indicators to identify trend changes and adapt accordingly
The daily chart of IRM is divided into 3 parts from top to bottom:
1. The share...
IRM showing a cup and handle pattern. A little late on this one but still means this is showing signs of a solid uptrend. The recent market activity has not been favorable to breakout traders but this setup worked and showed a breakout on 8/31 past the handle on strong volume.
Only bear case here is that it is extended from the MA and would not offer a good...
IRM has just broken up from a Cup & Handle Formation guys! This is a continuation pattern if the trend prior to this pattern was "up". The cup's formation should preferably be at least 1 to 6 months in duration. The "cup" was a mere 23.8% fib retracement of the prior uptrend while the handle was a shallow 38.2 fibonacci retracement from the cup's "rim" both of...
I have traded options on IRM a couple of times and its now set up for entry again
Oct 15th expiration ATM ($42.50) is looking good to me. Will grab options after the open.
