I strongly believe Archer Aviation is good stock for swing traders.
We have Two Scenarios:
One: the Previous Low (P. Low) Line indicate a good potentional of Strong Buying Zone.
Two "Worse Case Scenario": the 1h Green Zone @ roughly 6.73 consider a good potentional of Strong Buying Zone.
Note: "potentional of Strong Buying Zone" Means that:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
We have Two Scenarios:
One: the Previous Low (P. Low) Line indicate a good potentional of Strong Buying Zone.
Two "Worse Case Scenario": the 1h Green Zone @ roughly 6.73 consider a good potentional of Strong Buying Zone.
Note: "potentional of Strong Buying Zone" Means that:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
Note
Once One Showed Up a safe entry would be 50% Fibo from the buying Candle at 1h TF.Trade active
Target ReachedNote
Please Wait for Confirmation firstTrade closed: target reached
Wait for confirmation Target Reached Note
with news escalating NEVER Trade unless there is confirmation that Buyers are stepping in.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.