Stock Of The Day: Breakdown In Archer Aviation?
1. Archer Aviation shares are flat but in a potential downtrend. 2. The $9.15 price level has historically been significant for support. 3. Broken support signals potential bearish movement and lower prices. 4. $5.50 may be the next support level if the downtrend continues. 5. Investors may place buy orders at $5.50 based on prior remorse.