IREN - CURRENT PRICE : 27.00 - 28.00
The stock is bullish as the share price is above 50-day SMA. This bullish scenario is strengthened by the rising support line. Yesterday the stock made a rising window with high trading activity - indicating bullish continuation trend.
In JAPANESE CANDLESTICK THEORY, a rising window's low should acts as strong support level. As such, as long as IREN share price maintain above 24.29 the outlook remain bullish. Technically 25.00 until 28.00 will be a good entry point for buying.
ENTRY PRICE : 25.00 - 28.00
TARGET : 31.00 and 34.00
SUPPORT : 24.00 (CUTLOSS below 24.00 on closing basis)
The stock is bullish as the share price is above 50-day SMA. This bullish scenario is strengthened by the rising support line. Yesterday the stock made a rising window with high trading activity - indicating bullish continuation trend.
In JAPANESE CANDLESTICK THEORY, a rising window's low should acts as strong support level. As such, as long as IREN share price maintain above 24.29 the outlook remain bullish. Technically 25.00 until 28.00 will be a good entry point for buying.
ENTRY PRICE : 25.00 - 28.00
TARGET : 31.00 and 34.00
SUPPORT : 24.00 (CUTLOSS below 24.00 on closing basis)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.