The Long Investor
patreon
$ACHR
🕑 Added 2025-04-08 12:55:42 +0000 UTC$ACHR rejected at the 50 Day MA and pulled back to the 0.618 Fib this week as a result of the market weakness and was caught up in the sell off
We can see that the price dipped below the 200 Day MA and hit the bottom of the wedge, price is already back above this support level now but still in the wedge
So no reversal confirmed yet but I think all holders are happy to see this keep in the dimensions of a bullish wedge, as we are seeing with $OSCR.
Price is also above the 0.618 Fib now too, so a hold above this level next and a market recovery, then we could be looking at a breakout of the wedge to the upside next
Getting back above the 50 Day MA at $8.46 confirms this.
