When a highly volatile stock like $IREN Ltd(IREN)$ goes through a deep correction, the bottoming process is going to be messy, ugly, and full of head-fakes. You will see brief, violent rallies that trap excited buyers right before the stock turns around and flushes out late short sellers. The worst thing you can do as a retail trader is watch the tape second-by-second and panic over a single-day percentage move. Block out the online hype, ignore the media noise about the AI data center boom, and just let your execution numbers guide your capital. Stick to your risk parameters, trust your plan, and never let emotion override your stops.
$NVIDIA(NVDA)$ $ServiceNow(NOW)$