$ACHR is still holding the 50 Day MA support after its pull back and has still made a higher low so far but if the 50 Day MA is lost then a test of the 0.38 Fib level can come next and Wave 5 can still be valid next.
Even holding the 0.5 Fib at $7.69 can still mean being in Wave 4 and holding this level and we would still expect Wave 5.
But we are not there yet but I am getting ahead of the comments before they come in.
Luc
2025-02-20 16:26:01 +0000 UTC