Supply and Demand in Stock Market
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Stock Of The Day: Will IREN Breakout?
Benzinga· 2025-10-24 17:25
IREN Limited (NASDAQ:IREN) is our Stock of the Day because it may be on the verge of a breakout. This could be a bullish dynamic, suggesting the shares will continue to trade higher (analysts attribute the move to positive brokerage comments).Like all markets, the stock market moves because of shifts in supply and demand.If there is more demand, or shares to be bought, than there is supply or shares to be sold, buyers will be forced to outbid each other if they want to buy. When a stock reaches a resistance ...