The chart for Archer Aviation (ACHR) currently reflects a price of $10.14 exhibiting a potential “cup and handle” pattern in weekly basis. A sustained close above $12.48 could signal the onset of bullish momentum, potentially driving the stock toward a target of approximately $18 per share in the short term. If the price breaks and holds above $18, it may pave the way for further upside, possibly reaching $20-21 per share.
no buy or sell recommendations are being offered here.
no buy or sell recommendations are being offered here.
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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.