$IREN Ltd(IREN)$ down but not

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Trend_Radar
02-17
Trend_Radar
$IREN Ltd(IREN)$ Jumps +5.47%: AI & Bitcoin Miner Bounces from Support, Eyes $43.47 Breakout 🚀The stock is rebounding on news of securing $3.6B in GPU financing for its massive $9.7B AI service contract with Microsoft. This validates its dual Bitcoin/AI business model.
Sector Sentiment: General strength in crypto-linked stocks provided a tailwind, helping IREN recover from recent post-earnings weakness. Analyst Targets
- 15 analysts have an average price target of $74.78 (77% upside from current price).
- Rating Consensus: Bullish. 4 Strong Buy, 8 Buy, 3 Hold, 1 Underperform.
🔮 Weekly Outlook
Expect consolidation between $39.5 - $43.5. A successful break above $43.47 could propel the stock toward $45-46. Failure to hold $42.22 may lead to a retest of support near $40. Watch Bitcoin price action and broader tech/AI sentiment.

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This validates its dual Bitcoin/AI business model.\n Sector Sentiment: General strength in crypto-linked stocks provided a tailwind, helping IREN recover from recent post-earnings weakness. Analyst Targets\n <ul style=\"list-style-type: disc;\"><li>15 analysts have an average price target of $74.78 (77% upside from current price).\n </li><li>Rating Consensus: Bullish. 4 Strong Buy, 8 Buy, 3 Hold, 1 Underperform.\n </li></ul>🔮 Weekly Outlook Expect consolidation between $39.5 - $43.5. A successful break above $43.47 could propel the stock toward $45-46. Failure to hold $42.22 may lead to a retest of support near $40. Watch Bitcoin price action and broader tech/AI sentiment.","text":"<a class=\"teditor-mention\" data-mention-id=\"IREN\" data-mention-name=\"IREN Ltd\" href=\"https://ttm.financial/S/IREN\">$IREN Ltd(IREN)$</a> Jumps +5.47%: AI &amp; Bitcoin Miner Bounces from Support, Eyes $43.47 Breakout 🚀The stock is rebounding on news of securing $3.6B in GPU financing for its massive $9.7B AI service contract with Microsoft. This validates its dual Bitcoin/AI business model.\n Sector Sentiment: General strength in crypto-linked stocks provided a tailwind, helping IREN recover from recent post-earnings weakness. Analyst Targets\n <ul style=\"list-style-type: disc;\"><li>15 analysts have an average price target of $74.78 (77% upside from current price).\n </li><li>Rating Consensus: Bullish. 4 Strong Buy, 8 Buy, 3 Hold, 1 Underperform.\n </li></ul>🔮 Weekly Outlook Expect consolidation between $39.5 - $43.5. A successful break above $43.47 could propel the stock toward $45-46. Failure to hold $42.22 may lead to a retest of support near $40. Watch Bitcoin price action and broader tech/AI sentiment.","html":"<a class=\"teditor-mention\" data-mention-id=\"IREN\" data-mention-name=\"IREN Ltd\" href=\"https://ttm.financial/S/IREN\">$IREN Ltd(IREN)$</a> Jumps +5.47%: AI &amp; Bitcoin Miner Bounces from Support, Eyes $43.47 Breakout 🚀The stock is rebounding on news of securing $3.6B in GPU financing for its massive $9.7B AI service contract with Microsoft. This validates its dual Bitcoin/AI business model.\n Sector Sentiment: General strength in crypto-linked stocks provided a tailwind, helping IREN recover from recent post-earnings weakness. Analyst Targets\n <ul style=\"list-style-type: disc;\"><li>15 analysts have an average price target of $74.78 (77% upside from current price).\n </li><li>Rating Consensus: Bullish. 4 Strong Buy, 8 Buy, 3 Hold, 1 Underperform.\n </li></ul>🔮 Weekly Outlook Expect consolidation between $39.5 - $43.5. A successful break above $43.47 could propel the stock toward $45-46. Failure to hold $42.22 may lead to a retest of support near $40. Watch Bitcoin price action and broader tech/AI sentiment.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/533605591217712"}