Blog Post: Day 11 of $QQQ short term up-trend; QQQ is gaining strength, H+S top pattern no more; $IREN had a high volume retake of its green line, see daily and monthly charts.

IREN caught my eye when it hit an ATH on above average volume on Tuesday and closed back above its green line.  Note the high volume GLB a few days ago. It has an IBD/MS COMP=94 and the ACC/DIS rating=A+, RS=99 and it is expected to become profitable this year.

IREN is a recent IPO and just broke its green line top from 11/2021. I like this monthly chart! It must not CLOSE back below its green line @28.25.

Related