$IREN Breakout
- NASDAQ:IREN went up 139% in a couple of weeks with high volume.
- orderly pullback
- Found support at a key level from August 2022
- ADR- >10%
- Breakout with a potential +20% upside
- Target= overhead resistance ~8.50
−171.871MUSD
75.509MUSD
50.07M
About Iris Energy Limited
Sector
Industry
Headquarters
Sydney
Website
Founded
2018
ISIN
AU0000185993
Iris Energy Ltd. engages in operating institutional grade data centers powered by renewable energy. It operates through the Australia and North America geographical segments. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.
#IREN Iris energy to 3X100% renewable energy #bitcoin miner
Inverse head and shoulders blasting off
lots of room to run.
IREN - Long opportunity. MACD buy signal.MACD Buy Signal.
New high few days before.
TAYOR and good luck!
IREN looks bullishAfter breaking out of the downwards trend line , IREN look geared up to have a bullish rally if the volume and interest on this stock increases.
Chart and fundamental analysis of Iris Energy Limited (IRIS)The operating result for the last quarter was published recently, on November 30, 2022.
1. Graphic Analysis
As the company's core activity is Bitcoin mining, it is important to analyze the correlation with the price of Bitcoin.
As you can see in the graph below, most of the time the correlation
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IRENMining woes continue
Crypto miners have been struggling to keep their heads above water, and investor-patience is running low.
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