The Long Investor
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$ACHR - WATCHLIST -
🕑 Added 2025-03-19 12:51:09 +0000 UTCA reminder that I do have a position here, I like the ABC pull back holding exactly on the 0.618 Fib, being above the 200 Day MA and has bounced out of a descending wedge which are all bullish indications for a reversal.
Price has also been moving higher comfortably and looks to be converting the 0.5 Fib to support now at $7.68.
A hold here and the price can move higher to the 50 Day MA and then convert the blue line at $9.70 to support....if this can be done then I believe a new higher high can be made and a route up to $18 is possible.
