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Archer Aviation Inc.
Long
Updated

ACHR - KUMO BREAKOUT

826
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
Trade active
1st TARGET 10.37 hit. May lock some profits and let some to test next TARGET.
Trade closed: target reached
Hit target of 12.75

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