Archer aviation is clearly getting support at 50 SMA. Yes it has had a parabolic jump in the last weeks, but the drop after the news on the 500 million USD is contrary. I think people just sold the news. But the same happened to #sofi and I think will happen to this stock as well. The PT for this is over 12 by most analysts so I believe this is a good swing trade.
交易進行
As predicted this stock has gone up and we are nearing the resistance level of 9.65. We will see how the market reacts at this level. I think taking partial profit here is wise.
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