Strong run by $ACHR and up +24% at one stage yesterday post ER.
I believe we are already in Wave 5 now and we are running fast to the 2.618 Fib and the previous high at $12 - $12.50
After every 5 waves higher we expect a pull back in 3 waves to a higher low, so I have added the amber fib levels to reflect this.
The 50 Day MA is moving higher to the 0.618 Fib at $8.15
So a pull back to in between $8 - $9 would be the ideal place to add again, which I will consider too.
safoo
2025-05-14 17:33:56 +0000 UTC