Hey guys, it's Will. So, all of the top

AI markets are driven by the

computational power that's required for

AI to really function. So, that's going

to be the data centers, the

semiconductors, the hardware, the

software, and those underlyingly are

powered by Nvidia. That's why you see

them as the most valuable company in the

world. But, you might also see that some

of these companies that they work with

are making it possible for top tech

companies to excel. And today I want to

talk about IREN. We've covered this

stock quite a lot. It's IREN. If you go

back on the channel and you search um

IREN, you'd see that we've been covering

this stock for quite some time dating

back into 2025 at some point. And one of

the top reasons why we like this one

very comparable to the top data center

plays, whether it's uh Keel or uh really

the ones that are showing good financial

prowess already is going to be APLD.

It's NBIS. It's uh

this TSSI company, smaller one. It's the

Coreweave plays and the IREN plays. And

if you look at a lot of the markets as

of recently, you'll see that they are

seeing a nice recovery today. Green, big

recovery that we needed to see in order

for them to kind of potentially break

out of the downtrend. So, if you look at

IREN, we've seen consistent sell-offs.

If you look at uh another popular one is

uh WULF.

We saw very consistent sell-offs as

well. This trend where they sold down.

But, we saw this big recovery today and

this is across the board, but primarily

with IREN, you see them start to

potentially break out of this downtrend.

So, they're in a downtrend from June

into July here and then a big move

today. This is going to be from $37.50

to up to 44 today, which was a 17% gain

here. And then into this morning, we saw

saw green uh uh movement and over on

the 2x of I ran you could be looking at

IRE

or maybe IREX.

While that was as we just mentioned the

move there was about you know 20% or so

25 to 30%. It was a 40% move here over

on

IRE. So when I ran is moving 15% IRE is

moving 30%. So these are some of the

ticker symbols we like to watch in the

data center market and why are they

seeing so much growth? Well, number one

big sell-offs to previous highs the

recovery would be as much as 85%

if we get back up into highs we saw into

this year. So when it comes to So when

it comes to this pattern very key

pattern we're watching previous

resistance that may

When it comes to this pattern is a key

downtrend we're watching previous

support potentially acting as a

resistance here but we got to see this

breakout. It did push up above that $42

range we're watching closely. We started

to see it push up above the 200-day

moving average here and then we start to

see maybe some recoveries back into $48

to 55 to 60 bucks a share for I ran

which is you know 10 20 40% potential

recovery here which would be 20 40 80%

potential recovery over on IRE or IREX.

So this really good company to watch

into tomorrow. So essentially what we're

going to be looking at in across the

data center markets as we do invest in

many of these companies long-term in the

Schwab portfolio but here in the

short-term portfolio we're going to be

looking for some trades here where we

can get this breakout for them to hold

above this 43 $44 price point and

potentially look for again this move of

about 17. So you're going to have

levels to watch at market open tomorrow.

We may see sell downs. We may not, but

we are looking for that level to hold

and potentially break out of this

downtrend that we were looking at

yesterday. So, when it comes down to

IREN, couple things to watch, you know,

there is big AI infrastructure being

built out

by companies like our

watch list here, IREN and others.

They recently got added to the Russell

1000 index, so they might see some

inflows from that, but they also are

building data centers across

the world including in Australia.

They've got some 3.65 billion

investment-grade GPU financing. They've

got Blackwell.

They're expected to increase their

revenue as a result, and their revenues

have been growing significantly. If you

look at some of the projections and why

they're growing once again over on

Prophecy, you can see that along with

most data center companies like them,

once they signed Microsoft deals and

they're working with top companies, you

see their revenue jump to half a billion

dollars in 2025. And in 2026 so far,

they've done 144 million in revenue with

a negative net income though. So, still

kind of watching saying, "Hey, was that

just a big deal or are we going to see

them continually grow?" That's where you

say, "Right now is the time to monitor

as if they break out here, we see

continued momentum, excellent.

Otherwise, you could see some sell

downs, and that's where we want to watch

it tomorrow morning. See if the

opportunity presents itself to

potentially trade it. So, financials

overall though looking pretty fine.

Well, you just like to see them come out

with uh

uh some positive net income maybe or

increased net income as the projections

are fairly bullish into the next year.

Some models projecting as high as 42%

into that 63% or $63 price point. So,

we'll see if the opportunity presents

itself at market open, and if you'd ever

like to tune on in to our daily live

trading sessions, we'll be there

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in the next video. Take care.