IREN looks horrendous on the chart, but institutions are not selling, setting up a big pop to $40+ once everyone gives up. The declines have come on a complete lack of volume. Over the first half of 2026 it saw $250B of high-volume activity and twice failed to make new lows in this area, a textbook long-term accumulation campaign; key institutional supports above still need to be reclaimed to confirm a short-term bullish trend. x.com  x.com 

IREN's long-term appeal rests on its standing as one of the best vertically integrated AI neoclouds. In the short term, the stock has not been this oversold since 2022. x.com 

IREN is not yet a buy after breaking out of its channel to the downside and still searching for support near $35: negative dealer gamma around current levels can amplify moves in either direction. A base is needed before reconsidering the earlier conditional upside. x.com 

IREN is showing even more strength than Bloom Energy. x.com 

IREN's reported multi-year deal with Anthropic brings bullish news as the stock tests support, per Mr. Derivatives. x.com 

IREN's predatory management and markedly weaker execution than Nebius make it hard to take seriously while Mike Alfred remains on its board. Barring an oversold bounce, IREN looks cooked big time with more time. x.com  x.com 

IREN's newly signed multiyear deal with Anthropic should drive a big pop in the stock within 15 minutes. x.com 

IREN's $8 billion in cash against a valuation of just $10 billion points to unfathomable upside potential. Its shares are back below their $28 IPO price. x.com 

IREN looks like an absurd management money grab, with compensation that carries zero performance hurdles. x.com 

IREN looks cheap below $35 and is favored over DigitalOcean, whose stock looks bubbly against an estimated $110 value despite its appeal as a business. A switch toward IREN is under consideration if things go well. x.com  x.com