IREN Limited

$IREN Inverted Head and Shoulder

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IREN has an inverted head and shoulder pattern on the daily and has strong support at the volume shelf around the $40 area. RSI and William %R are starting to turn up showing bottoming in the stock. The Anchored VWAP from the large volume candles in May 2026 put a target price of $55 as seen on the chart.

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