The hourly momentum indicator triggered a positive crossover and is also showing divergence indicating that the momentum on the downside is weakening and the index is likely to start a fresh leg of up move in the next few trading sessions.
Archer Aviation shares jump nearly 10% on deal to acquire Boeing’s Wisk, two other units
Archer Aviation shares surged after agreeing to acquire Boeing’s Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing’s autonomous-flight technology