Archer Aviation Inc witnessed a strong rebound after forming a bottom at 3.33, to violate the resistance area 4.19 - 4.03. then the confirmation of this breakout by remaining above 4.19, will confirm shifting the trend to an uptrend, which will trigger further rises near 4.57 - 4.72 - 5.19 - 5.55.
The stop-loss lies below 3.81.
the indicators are heading towards the positive side, which confirms the mentioned positive scenario.
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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.