IREN — Research (2026-09-09)

Summary

IREN covered by TLI. Moving well since finding support on channel trend line and 0.618 Fib at $32 (in place since Dec '25). Series of higher highs and higher lows — bullish structure.

TLI Analysis

Sep 9, 2026 (email #103147)

• Finding support on channel trend line + 0.618 Fib at $32 (in place since Dec '25)
• Series of higher highs and higher lows — bullish price structure
• Moving well within expected pattern

IREN is covered by TLI. Price has been moving well since finding support on the channel trend line and 0.618 Fib at $32 which has been in place since Dec '25. Now testing the 50 WMA / bull case line at $47.85. Eyes target at $67.50.

TLI Analysis — Key Levels & Timeline

Latest Update (Sep 9, 2026 — email #103147)

• Series of higher highs and higher lows since finding support at $32 (0.618 Fib + channel trend line)
• Now testing the 50 WMA at $47.85 — the bull case line
• Price has tested this level but not flipped it to support yet — no rejection either
• If bulls flip $47.85 to support → confluence of 1.618 Fib + top of channel at $67.50
• $IREN and $NBIS typically move together, but $NBIS is fundamentally stronger
• $NBIS rebounding has helped the sector

Position Context

• Conviction: ⭐ — occasional coverage
• Key levels: $32 support (0.618 Fib + channel), $47.85 (50 WMA bull case line), $67.50 (1.618 Fib + channel top)
• Type: AI / Data / Crypto mining

Price Check edited

• 2026-09-09 — $50.16. Testing $47.85 bull case line — key decision point.

Gaps

• Earlier IREN coverage (emails #101689, #102903) referenced in signals log but not extracted as full text