The Long Investor
patreon
$ACHR
🕑 Added 2025-05-12 16:25:57 +0000 UTC$ACHR also reports after the market closes today and it is a company we like and have a position.
The breakout of the descending wedge has been bullish and the price action is moving comfortably in Wave 3 now.
We need a solid ER now to continue this higher.....they missed on their last ER so this is a variable that must be considered.
A good ER and the next target is the 1.618 Fib at $9.12 for Wave 3.
Downside risk is back down to the 200 Day MA which is moving to the 0.618 fib at $6.55....making that a strong confluence level
Whatever happens, I am holding, they are the leader in this sector for a reason.
Comments
DiegoTheSabre17
Wave 3 target.. of 9.12 or 10.09.. I think 10.09.. just a typo
Gareth Neary
?
Togarashi
Cap, would you consider the current price of 9.19 in the buy zone?
Amu
You mean 10.09?
