Archer Aviation Inc

Archer Aviation Inc witnessed a strong rebound after forming a bottom at 3.33, to violate the resistance area 4.19 - 4.03. then the confirmation of this breakout by remaining above 4.19, will confirm shifting the trend to an uptrend, which will trigger further rises near 4.57 - 4.72 - 5.19 - 5.55.

The stop-loss lies below 3.81.

the indicators are heading towards the positive side, which confirms the mentioned positive scenario.

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