On the chart, IREN is heading towards its end of a massive year and a half long ascending triangle. Its has been coiling up, getting tighter and tighter and there isn’t much room left. I believe this is going to pop to the upside in the very near future. I’m talking days, to weeks to a month at max most likely. There is a solid fundamental reason for this play...
Iris doesn't provide monthly updates so we'll have to track their growth over a quarterly basis. Here are some of the Key Highlights from the most recent update : 1.6 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH) $14/TH purchase price ($22.3 million)1 Fulfills the Company's goal of expanding self-mining capacity to 10 EH/s: Current: 5.6 EH/s...
IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries) a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights -Previously announced 3-month AI cloud services agreement with leading AI company, poolside -Agreement is now upsized from 248 to 504 NVIDIA...
Bullish rising wedge with the same breakout pattern as NASDAQ:MSTR did. Projection to reach new highs in late 2024, early 2025.
This idea needed updating Same idea and thesis but a new right shoulder has presented itself and now we have a horizontal neckline beautiful! Please smash the like if you like where this stock could go
100% renewable energy #bitcoin miner Inverse head and shoulders blasting off lots of room to run.
- 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
Been watching since April, after marking up the chart I’m convinced the only way is up.
MACD Buy Signal. New high few days before. TAYOR and good luck!
After 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.
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 is positive. It seems to me that the price is at the end of wave...