Archer Aviation Inc.
Long

ACHR - KUMO BREAKOUT

212
ACHR broke nearest resistance. There is a bullish divergence in MACD. Based on ICHIMOKU CHART, the stock is BULLISH because :
i) Price breakout cloud
ii) Tenkan sen already cross above Kijun sen recently
iii) Chikou Span is above candlestick


ENTRY PRICE : 9.33 - 9.40
TARGET : 10.37 and 12.75
STOP LOSS : 8.16

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.