@Liathetrader@tunguz It's like the relationship is almost too perfect that you expect something bad to happen lol
Some market turbulence sure but something massive not sure..
@CDavidFloyd@Edge_Bolt@ZeekTyt do you have a life outside of IREN? your replies are all about IREN spreading FUD, you must live in so much negativity feel bad for you for being miserable
@TradingTh3Trend@optionscjp It has touched it in January but I said close not touch π but yea I'm always open to learn man not trying to be d*ck lol
If you claim to be a technical expert you would have noticed that NOK comes down to retest the 9EMA and bounces off from it, it happened 5-6+ times in the past couple of months. Worst case bounce off the 21EMA. The 9/21 currently sit at 15.75/14.58. But you conveniently ignored that.
If we zoom out on the weekly, in order to hit your $11 correction target it has to close at the 21EMA which it hasn't since September 2025 when it was around $4.
Also the weekly RSI on the week of April 20 is roughly the same as this week, yet the stock price is 70% higher now. You conveniently ignore that as well.
Food for thought.
Could it come down to $11? Anything is possible okay yea it's not impossible, but why talk about a ~5% occurrence event as if it would be a normal healthy thing to happen is my issue.
@TradingTh3Trend@optionscjp brother this is a near 100B$ company during a massive re-rating, just because "the RSI is extended" it's going to lose 34% of its value ππ
@TradingTh3Trend@optionscjp It won't dip below 13 not even sure it will dip below 14 tbh.
11 is near impossible I'll tell you that much, if it does somehow go to 11 we have a much bigger issue to worry about than stocks (war escelation, etc.)