$ACHR
Added 2025-01-08 21:40:29 +0000 UTCTextbook move by $ACHR, in spite of some wild swings in Wave 3, the trend was clear and the 1.618 Fib was hit at $12 and the pull back may have started already.
As always the 0.38 Fib is the target which is at $8.81 now
We can also see that the 50 Day MA is moving quickly up to the 0.5 Fib too at $7.67
So price action and the MA could meet in between the two white fibs levels next, so this would be an area of interest.
Once support is held, I have Wave 5 next up to $18.
Comments
Good stuff, interesting it's not panic selling rather wave 4
Jeffrey Santoro
2025-01-08 21:54:20 +0000 UTC
