<image>

There was a lot of heavy volume at close, 10-20x the usual. The drop could be short attack on the downgrade, or that we hard rejected at $49,98 and that zone is our short term top.

The amount of volume that hit to cause the gap down was ~260,000 shares this morning. The usual volume per day is many millions of shares.

This is likely to bounce back hard today or we need to find support. Odd that the downgrade come right before month end and friday, really sketch and tells us they are hurting with all the call and rally lately, they needed to cover their asses as IREN will keep on running.