Total Quality
Score
If You Had Traded on This Analysis…
Fail
IREN
Long Entry
62.9400
2026-01-29
04:24 UTC
Target
76.8700
Fail
50.6300
In 4 Days
Risk/Reward
1 : 1
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Final PnL
-19.56%
P/L: —
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The price action for IRN shows a strong bullish trend with a recent breakout from a descending triangle pattern. After consolidating in a range between $50.63 and $58.42, the stock has pushed upwards, breaking through previous resistance levels and showing a bullish continuation pattern on the daily chart. The target is set at the previous high of $76.87, with a potential for further upside if this level is surpassed.