IRS - Can Buyers Defend the Broader Uptrend?IRSA Inversiones y Representaciones SA Sponsored ADRBATS:IRSRayannsrIRS is one of Argentina's largest real estate companies, with a diversified portfolio that includes shopping centers, office buildings, hotels, and residential developments. The stock is often followed by investors seeking exposure to the Argentine real estate sector. From a technical perspective, the stock remains overall bullish, continuing to trade inside the red ascending broadening wedge that has guided the long-term trend. Following the rejection from the upper red resistance area, price is approaching an important technical region where the lower boundary of the broadening wedge aligns with a blue support zone. ⭕As price approaches this support area, we can start looking for trend-following buy setups on lower timeframes, anticipating a potential continuation of the broader bullish trend. ⭕However, if price breaks below the current support zone, the focus shifts toward the next lower support area, where buyers may become active once again. Price action around this technical region may reveal whether the broader bullish structure remains intact, or if sellers have other plans. ⚠️Disclaimer: This analysis reflects my personal market view and is not financial advice. Rayan Nasser #IRS #Stocks #Investing #TechnicalAnalysis #PriceAction #MarketStructure #TrendAnalysis