SamSuka
The Long Investor
The Long Investor

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$ACHR - WATCHLIST -

$ACHR continues to knock on the door of this descending wedge to breakout but has not made the move yet

A hold on the outside and making a higher high above $7.50 will do it and there is a move up to the 50 Day MA next at $8

A break above this level and the blue line at $9.73 is the next target.

Institutions may be looking at this as a future play, we know $ACHR is the leader in this sector for flying taxis and have an enormous back order.

For this reason, I have exposure and happy to hold.

$ACHR - WATCHLIST -

Comments

Do you think they could be a candidate for a buyout from a large player like uber or Lyft?

Matthew Laracy


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