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IREN Ltd. (NASDAQ: IREN)
IREN Ltd. (NASDAQ: IREN) is an Australian-based, vertically integrated digital infrastructure company focused on renewable energy-powered data centers for Bitcoin mining, AI cloud services, and high-performance computing (HPC). According to our previous US Daily Report published on 'IREN' on May 19, 2026, Kalkine recommended a 'Buy' stance on the stock at USD 48.76. This recommendation was based on technical analysis, and the stock has now surged by 39.13%, trading above the second resistance level.
Noted below are the details of technical summary provided in our previous report:
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Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.
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