AI compute plays heating up. Three names showing bottoming structures:
$CRWV - Base locked in around $60. Need to reclaim $130 highs first to confirm higher high structure, then straight shot to ATH. Earnings already delivered, now price needs to catch up.
$IREN - Early 1-2 wave setup, similar structure to CoreWeave's breakout. $56 is the kill zone where sellers always show up. Break $56 + clear previous B-wave high = new leg up confirmed. Think Oscar Health type move. Still early but chart is setting up clean.
$NBIS - Most advanced, already in wave 4. Holding above $144 keeps bull case alive. Real confirmation comes at $244 breakout from bear zone. Clear that resistance and we're looking at $400+ targets. Made a higher low but needs follow-through.
All three need to prove themselves with breakouts. Watch those key levels.
$CRWV - Base locked in around $60. Need to reclaim $130 highs first to confirm higher high structure, then straight shot to ATH. Earnings already delivered, now price needs to catch up.
$IREN - Early 1-2 wave setup, similar structure to CoreWeave's breakout. $56 is the kill zone where sellers always show up. Break $56 + clear previous B-wave high = new leg up confirmed. Think Oscar Health type move. Still early but chart is setting up clean.
$NBIS - Most advanced, already in wave 4. Holding above $144 keeps bull case alive. Real confirmation comes at $244 breakout from bear zone. Clear that resistance and we're looking at $400+ targets. Made a higher low but needs follow-through.
All three need to prove themselves with breakouts. Watch those key levels.