Bullboard - Stock Discussion Forum Archer Aviation Inc ACHR

Alternate Symbol(s): ACHR.WS

Archer Aviation Inc. is an aerospace company. The Company is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. The Company’s eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is... see more

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NYSE:ACHR - Post Discussion

Archer Aviation Inc > Golden Cross Incoming—Bullish Setup?

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Post by ProfitOrbit35 on Nov 27, 2024 3:33pm

Golden Cross Incoming—Bullish Setup?

Looks like $ACHR is heading for a golden cross soon—50MA creeping up to cross the 200MA. Historically, that’s a big bullish signal. Combine that with strong volume lately, and this could be a rocket. Anyone else eyeing a breakout above $8? Tight stop-losses for risk management though—don’t get caught if it fakes out.Also keeping an eye on $BOLT; hearing chatter it might take off soon.