The Long Investor
patreon
$ACHR
🕑 Added 2025-02-28 11:55:12 +0000 UTCBig sell off post earnings and was down -25% directly after the ER and has recovered now to -11%
This has caused an infringement upon the Top of Wave 1 so we can not validate the current impulse wave as this breaks the rules of EWT.
So we must consider this pull back is now an ABC pull back and the 0.618 Fib was already tested in the AH's trading at $5.79 yesterday.
The price is already back at the 0.5 Fib now.
I had a very small one buy in here at $5k, so I am going to leave my position there and if this 3 wave pull back stays in its structure and finds support, I will consider adding again, for another small buy.
$ACHR is not making money yet, so their earnings are immaterial at this stage, they are also ahead of all other eVOTL companies and for me, the company is likely going to the be the leader in the sector over the next few years, for this reason I want some exposure but I must stress that my position is incredibly small relative to my portfolio.
Comments
Roberto Cusato
$EH is the leader in the sector. Not ACHR nor JOBY
Matt Lampkin
You're better off determining your own %, based on your own tolerance for risk.
Mohit
Cap, instead of posting $ amount you should include % amount. It’ll give us a better idea on how much to buy
Scott Williams
It’s a long term play for sure so I wouldn’t stress it right now
Wlad
Same here Raja!
raja sekhar
I have added last week it is 20% in my portfolio :( now 23% down
