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$IREN IREN could be gearing up for another massive move. Let's break down my $300 stretch target...

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Part-Time Trader

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33,899 görüntüleme • 7 gün önce •via X (Twitter)

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Someone bought $2M $IREN calls today I’ve been waiting months for the $IREN 33FVB to flip back green and it’s finally happening. We pulled our bullish thesis in March when it flipped red. That was wrong. ❌ In this video we break down the setup and my target
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Someone bought $2M $IREN calls today I’ve been waiting months for the $IREN 33FVB to flip back green and it’s finally happening. We pulled our bullish thesis in March when it flipped red. That was wrong. ❌ In this video we break down the setup and my target

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$IREN is by far my favorite buy among the neo cloud companies right now. While $NBIS is up more than 180% YTD, $IREN is sitting at just +55%. The market is still massively underestimating one thing: Power. $IREN 5GW of contracted power is a real moat, and in the AI era, that matters more than almost anything else. As Jensen $NVDA said: “None of the bottlenecks like memory or chip production last longer than a couple of years. What’s different is energy. You can’t create an industry without energy. You can’t build anything without energy, and those things take a long time.” This is the real AI bottleneck. Not chips. Not memory. Energy. $IREN already has it. Those 5GW will be fully utilized. Just like $AMD eventually massively outperformed $NVDA after lagging for a long time, I believe the same setup is happening here. Right now, $IREN is lagging $NBIS. That won’t last forever. Buy the laggard.

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