IREN Limited operates in integrated data center business in Australia & Canada. It owns & operates computing hardware as well as electrical infrastructure & data centers. It also mines Bitcoin. It comes under Financial Services sector & trades as “IREN” at Nasdaq.
IREN favors upside against December-2022 low & expect higher against 3.30.2026 low. It favors ((2)) correction in 3, 7 or 11 swings against March-2026 low before continue higher, while above $30.76 low.
In weekly, it made all time low at $1.02 on 12.28.2022. Above there, it ended (I) impulse at $76.87 high in November-2025 & (II) at $30.76 low. Within (I), it placed I at $15.92 high, II at $5.13 low, III at $74.15 high, IV at $48.20 low & finally V at $76.87 high. It ended the (II) in double three pullback. It placed w of (II) at $33.34 low, x at $63.59 high & y at $30.76 low on 3.30.2026 low. It favors rally in I of (III) against March-2026 low & confirms bullish view, once break above $76.87 high. It placed ((1)) of I at $65.61 high & now correcting in ((2)). The ((2)) may pullback towards $52.37 – $44.16 area as 0.382 – 0.618 Fibonacci retracement before higher
IREN – Elliott Wave Latest Daily View: 
It placed (1) of ((1)) at $54.14 high, (2) at $42.21 low, (3) at $62.43 high, (4) at $55.41 low & (5) at $65.61 high. It favors corrective pullback in (A) of ((2)) & expect another push lower before it may bounce in (B). The ((2)) can unfold in 3, 7 or 11 swings against 3.30.2026 low before resume higher. It expects to find support in extreme areas in pullback against March low. Few alternates possible. Like, it may be the (4) pullback and still can go for new high to end the ((1)) before correcting next. But as long as the pullback holds above March-2026 low, it favors higher in I of (III).
Source: https://elliottwave-forecast.com/stock-market/iren-signals-pullback-before-major-rally/