Mohanad Alchakfeh
Mohanad Alchakfeh
United Arab Emirates
Stock Watch: $ACHR (Archer Aviation Inc) | Archer Aviation Inc. Strong momentum building on both daily & weekly charts — here's what stands out: Weekly Frame: Breakout from a long-term ascending trendline. Support: $5.00–$5.50 | Resistance: $10.00 Volume spike confirms renewed institutional interest. V-shaped recovery with RSI at 65 = bullish momentum. Daily Frame: Pullback & higher low after sharp rally. Support: $5.50–$6.00 | Resistance: $8.50–$10.00 Breakout level held at $8.00 with clean uptrend intact. Volume rising again – watch for a retest of highs. If $ACHR clears $8.50 with strong volume, $10+ is on the radar. Trend: Bullish bias above $7.80 Risk below $6.50 $ACHR
Not investment advice. The author may have financial interests in the mentioned instruments.
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