The eVTOL space is lighting up today, ACHR included. Shares have rallied ~7%, tapping into a bullish breakout off its ascending triangle and challenging its descending resistance (see chart). Analyst ratings lean strong‑buy, and technicals support further gains.
📈 Why the excitement?
🚁 What’s next?
If ACHR breaks the red trendline resistance near ~$12, we could see a sharp move toward $14+ (green arrow on chart) as momentum builds. Watch closely for strong volume on the breakout — it could offer a clean entry.
Bottom line:
eVTOL is flying high today, and Archer stands poised to lead the charge. A breakout here could spark a fast move — keep it on your watchlist.
📈 Why the excitement?
- A Trump executive order is fast‑tracking drone and air taxi regulations, boosting investor confidence across the sector.
- Archer recently secured ~$850M in funding to accelerate U.S. rollout — fortifying its balance sheet and manufacturing plans.
- The company is part of a new global alliance aiming to streamline eVTOL certification, joining forces with the FAA and five countries.
🚁 What’s next?
If ACHR breaks the red trendline resistance near ~$12, we could see a sharp move toward $14+ (green arrow on chart) as momentum builds. Watch closely for strong volume on the breakout — it could offer a clean entry.
Bottom line:
eVTOL is flying high today, and Archer stands poised to lead the charge. A breakout here could spark a fast move — keep it on your watchlist.
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.