The Long Investor
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$ACHR
🕑 Added 2025-04-15 10:48:21 +0000 UTC$ACHR is still in a good position here in this descending wedge and keeping with the dimensions nicely.
Price has held above the 200 Day MA and bounced on this MA too
Price is also back above the 0.618 Fib now too and testing the upper resistance level of the wedge at $7.50.
Breaking out of this wedge and holding and we have signal of a reversal but a rejection at this level and the price action can continue in the wedge until the market decides its direction.
For now, this is a comfortable hold in this set up.
