ACHR looking for continuation of bullish momentum.What a great ride this has been the past week! Obviously, this was going to see a significant drop sooner or later. But looking for a bullish continuation after that big red candle. To confirm a bullish reversal after the inverted green hammer, I'm looking for the next day's candle to close above the high of the inverted hammer. Here's the breakdown:
-The high of the inverted hammer is $6.75 (since the candle closed at this price).
For confirmation, you'd want the next candle to:
1. Close above $6.75 to show bullish momentum.
2. Ideally close higher than any intraday resistance observed on the inverted hammer's upper wick (if applicable). ($7-$7.07)
Specific Levels to Watch:
-$6.75 or higher: A close above this level confirms the hammer's high was breached, indicating buyers are in control.
-Significantly above $6.75: The higher the close, the stronger the confirmation of bullish sentiment.
Bullish Target Zones (After Confirmation):
1. $7.16–$7.50: Likely first resistance zones based on psychological levels or intraday price action.
2. $8.00 and beyond: If momentum strengthens, reclaiming levels closer to prior highs becomes possible.
Without a close above $6.75, the inverted hammer's signal is invalidated, and the downtrend could resume. Confirmation is essential for determining whether this pattern marks a genuine reversal or just a pause in bearish momentum. We shall find out tomorrow.
ACHR trade ideas
$ACHR Long like Donkey KongNYSE:ACHR is a unique up and coming Flying Robo Taxi, Long Haul Aviation Renewable Electric Vehicle corporation aiming to transform the transportation industry as we know it.
Given the many unique and viable products this company has developed and it's massive growing interest, weather you see a cup with handle or big double bottom on the high time frame, you are sure to find bullishness here.
NYSE:ACHR will transform the way we move as a society and is very likely to be bought out at some point by a large scale competitor such as Amazon, Tesla or Boeing.
The volume of threat this growing aviation company brings to the table for the industry at hand will bring equally massive returns.
Our short term targets are listed above. Buy the dip anywhere you like between the current candle high and the current candle low.
You're Welcome.
@Dikfat for More
ACHR: Long Position @ Wave 5 (Elliot)Step 1: Ride the Wave 5 Momentum
ACHR is about to start its Wave 5 rally, offering an excellent short-term long opportunity.
Currently we're in the middle of Wave 4 and we will likely experience 3 to 5 days of accumulation/indecision before Wave 5 starts.
Let’s break it down:
Slow Stochastic Bullish Momentum
The Slow Stoch oscillator is signaling strong bullish momentum, albeit in overbought territory. This is typical during Wave 5 and suggests further upside potential before the trend exhausts. Staying with the momentum while it lasts can be very rewarding.
Massive Volume Spike
In the last three weeks, ACHR has seen a significant increase in volume, indicating strong buying interest. Volume often leads price, and this kind of activity strengthens the case for continued upward movement. The surge in interest can drive the stock toward its next key resistance around $9.84.
Fundamental Catalysts Driving Momentum
Recently, ACHR has achieved major milestones, such as progress on FDA approvals and securing new contracts and orders. These developments add to the bullish sentiment, attracting more traders and creating a supportive backdrop for the rally.
Trade Execution: Enter a long position now to take advantage of the current momentum and aim for a target near $9.84 (the resistance zone). Consider tightening your stop-loss to protect profits as the stock approaches this level.
Step 2: Exit, Wait for the ABC Correction, and Re-Enter for a Bigger Move
After completing Wave 5, the market is likely to enter a corrective ABC phase. This is where it’s smart to exit your position and wait on the sidelines. Why? The correction will likely bring the price down to a more attractive level, allowing for a better risk-reward setup for the next big move.
Once the ABC correction concludes, re-entering around the key support zone sets up a new long opportunity with an eye toward the Q1 2025 target of $12. The long-term fundamentals of ACHR and its growing momentum in the market make this a high-probability setup.
Trade Execution: Watch for the corrective phase after Wave 5 completes. Use Fibonacci retracement levels or support zones to identify a potential re-entry point.
ACHR: Long Position (Two phases): Wave 5 and post-correctionToday, I want to share a trade idea on Archer Aviation Inc. (ACHR), leveraging the current market structure and technical indicators to maximize gains. This plan follows a two-step long strategy: first, capturing the ongoing Wave 5 rally, and then exiting to wait for the corrective ABC pattern before re-entering for a bigger move towards the Q1 2025 target.
Step 1: Ride the Wave 5 Momentum
ACHR is about to start its Wave 5 rally, offering an excellent short-term long opportunity. Let’s break it down:
Slow Stochastic Bullish Momentum
The Slow Stoch oscillator is signaling strong bullish momentum, albeit in overbought territory. This is typical during Wave 5 and suggests further upside potential before the trend exhausts. Staying with the momentum while it lasts can be very rewarding.
Massive Volume Spike
In the last three weeks, ACHR has seen a significant increase in volume, indicating strong buying interest. Volume often leads price, and this kind of activity strengthens the case for continued upward movement. The surge in interest can drive the stock toward its next key resistance around $9.84.
Fundamental Catalysts Driving Momentum
Recently, ACHR has achieved major milestones, such as progress on FDA approvals and securing new contracts and orders. These developments add to the bullish sentiment, attracting more traders and creating a supportive backdrop for the rally.
Trade Execution : Enter a long position now to take advantage of the current momentum and aim for a target near $9.84 (the resistance zone). Consider tightening your stop-loss to protect profits as the stock approaches this level.
Step 2: Exit, Wait for the ABC Correction, and Re-Enter for a Bigger Move
After completing Wave 5, the market is likely to enter a corrective ABC phase. This is where it’s smart to exit your position and wait on the sidelines. Why? The correction will likely bring the price down to a more attractive level, allowing for a better risk-reward setup for the next big move.
Once the ABC correction concludes, re-entering around the key support zone sets up a new long opportunity with an eye toward the Q1 2025 target of $12. The long-term fundamentals of ACHR and its growing momentum in the market make this a high-probability setup.
Trade Execution: Watch for the corrective phase after Wave 5 completes. Use Fibonacci retracement levels or support zones to identify a potential re-entry point.
Final Thoughts
This two-step strategy focuses on trading the immediate momentum of Wave 5 while preparing for the post-correction opportunity. The increased volume and bullish technicals, supported by ACHR’s strong fundamentals, create a high-confidence trade setup. Timing your entries and exits carefully will allow you to capitalize on both the short-term rally and the long-term upside.
What do you think?
Let me know your thoughts or how you’re planning to trade ACHR in the comments!
Drones to the sky - Cup & Handle patternA massive cup-and-handle pattern is forming in $NYSE:ACHR.
The recent price movement has created the handle shape, and now the stock appears to be surging upward.
Graphically, on November 27th, the stock broke through the resistance level of $7.29 with high volume. A brief pullback to test the new support level at $7.29 may occur.
Target Price: Approximately $13 per share.
Additionally, strong and positive news continues to bolster this bullish outlook. Notably, Donald Trump Jr., son of the president-elect Donald Trump, is involved in the drone industry, further supporting this ascending thesis.
Cup and Handle on 1 day and 2hr Charts - ACHRThe pullback to form the handle was small but noticeable on both timeframes. If it makes another run I'll be adding to the calls and go out to a strike of 10$. Good luck if you play. If it pulls back significantly I will be looking at selling puts at a strike price and premium that are unlikely to result in assignment, providing an opportunity for some additional profit.
80% collapse for unicorn eVTOL manufacturer Archer Aviation?Following the successful “short” of eVTOL manufacturer Lilium (idea below), we’re going to target another. This time, Archer Aviation.
The principles behind this idea are the same as was with Lilium, mixture of fundamentals and technical analysis.
For some years I’ve been watching with interest the electrification attempts of the helicopter. Referred to as eVTOL (electric vertical takeoff and landing), various companies around the world are competing for market dominance with their winning design.
There’s a realisation coming to many electric cars owners that will inevitably spill over to eVTOL.
1) Range anxiety.
2) Hazardous battery fires are hard to extinguish.
3) The mass-based energy density of batteries is in the range of 0.1 to 0.27 kWh/kg. In comparison, gasoline is 13 kWh/kg.
For me, no. 3 is the killer of electric transportation via battery, whether it be on road or flight you carry weight than never depletes during use.
4) Proven certified technology.
I’m a safety aerospace engineer by trade. When moving people around even for short flight, safety is above all. There can be nothing more important. eVTOL is complex technology, especially when compared to a regular helicopters. I’m not saying they are not safe, but proving they are remains a long way off.
Almost all eVTOLs require an airfield to operate. Helicopters do not. Have been invited to a number of demonstrations over the years, the one thing that continues to strike me is how far certification for safe flight actually is. Easily 10+ years. These business are advertising a very different picture, which is disingenuous in my opinion.
The chart -
On the above 12 day chart price action has been printing lower highs for the last year. Since then there is broken market structure with uptrend channel support failure.
The bear flag continuation pattern projects a 80% correction. On confirmation, such flag patterns meet the target 77% of the time. That’s a huge statistic to ignore.
On RSI, a breakout of support is also visible.
Is it possible price action grows? Sure.
Is it probable? No.
Ww
Go short from anything near $4
Lilium short
Helicopter Move to $7.50Breaking out of a yearly downtrend on decent volume. Under 2B valuation EV aviation firm with room to grow. Possible buyout target company. Just announced a new sale of stock that temporarily knocked down price below $5, but investors are shaking off the dilution news and pushing price firmly above $5.
Short term target -> $7.50
Archer Aviation Chart with TargetsAnything aviation related carries extra risk. With that said the milestones that have been reached and expanding customer base the upside is tremendous. Agreements with Japan Airlines, United, Southwest, interest from the military, air taxi agreements in several large cities to provide air taxi service between large events and the main airports all speak to the where this industry is headed. I prefer ACHR over others in the space.
ACHR - LONGStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
ACHR NYSE --On a Close Trend of spiking as could break 200MA 4.8This is one of many Electric Aviation company's with some nice numbers moving up to 4.8$ which is a shows (me?) 200MA..thus could be a nice Swing.
I'm in from 5.10$ as for this trade..will wait some days, As it also shows fast dumps..so need an eye on it, But for me looks like Tree Shaking..
Good luck if helps anyone
$ACHR higher highs, higher lowsCAPITALCOM:ACHR ACHR has trended up the last month, with higher highs and higher lows. A few substantial impulsive legs, and most recently false breaks of the rising support line. Drop today could be a good entry. Bullish for the short and medium time frame. As always, wait for a confirmation candle to verify.
ACHR - Flying Taxi Company - 28% Short FloatArcher Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.
Investment Summary
Shares in Circulation: 57.922M
Short Float: 28.25%
Recent Development: Announcement of a planned San Francisco air mobility network has led to a significant stock surge.
Technical Analysis
Critical Range for Continuation: $3.80 - $4.00
Target Price (Take Profit): $7.00
Stop Loss: Set at under $2.90
Trading Strategy
Entry Point: Monitor the critical range of $3.80 to $4.00. If the stock breaks above this range with strong volume, it might signal a continuation of the upward trend.
Profit Target: Set your take profit at $7.00, considering the recent positive news and technical setup.
Risk Management: Place a stop loss slightly below $2.90 to protect against significant losses if the stock reverses.
Considerations
Market Conditions: Keep an eye on the overall market conditions, as they can influence the stock's performance.
Short Squeeze Potential: Given the high short float of 28%, there is potential for a short squeeze, which could drive the stock price higher rapidly.
Chart Analysis
Review the attached chart for detailed price trends and movements. Pay attention to key technical indicators such as moving averages, RSI, and MACD for further insights into the stock’s momentum and potential reversals.
Trading Advisory
Exercise caution and align your trading actions with your risk tolerance and market conditions.
Conduct comprehensive research or consult with a financial advisor to tailor the strategy to your individual circumstances.
Disclaimer
This content is for informational purposes only and should not be considered financial advice.
By following this strategic approach, you can potentially capitalize on the recent positive developments and technical signals for Archer Aviation (ACHR).
Archer Aviation Inc 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.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.