The Long Investor
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$ACHR
🕑 Added 2025-03-11 11:39:59 +0000 UTC$ACHR for me is in a strict ABC pull back now and I really like the confluence level here between the 200 Day MA and the 0.618 Fib at $5.80
All Wave 2 pull backs we give a target of the 0.618 Fib to hold for support so this is standard and when it is reinforced with the 200 Day MA, a combination of both makes this a confluence level.
Once this level is tested, we must see support, losing a confluence level like this will certainly show weakness
Holding and I will add to my position again.
Comments
Regular_Joe
Cathie Wood added more than 2 000 000 shares on february 28, with average price 7.5$. I bet on ACHR too. Deal with Anduril and UEA factory will be mega boost in IVQ2024, if the suceed