Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing has announced the sale of three electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation, in exchange for acquiring a stake in Archer.
At a time when a major positive development occurred with the subsidiary transaction and equity acquisition involving Boeing, we considered entering as the stock price approached the resistance level near the high point of $5.60 on the 20th.
In the past 7 days, the stock has surged 24.8% and has reached near the resistance level of $5.60. If the resistance level is confirmed, I will sell at the target profit of $5.60. If it falls below the support level of $4.30, I will cut losses for risk management.
The RSI(14) is at 55.1, indicating a neutral momentum, while the moving averages are in a non-aligned state. The trading volume is 1.04 times the 20-day average, and the recent 7-day volatility has recorded +24.8%.
As past similar success cases, the keyword 'Archer Aviation' overlaps with the cases on 2026-08-10 (return of 12.1%) and 2026-08-18 (return of 10.7%). Reviewing the pre-history of Archer Aviation, it shows a pattern of upward responses of +11.3% and +2.7% around the time of positive news events. The VEEE case does not have direct similarities but serves as a reference for top performance cases.
Amid strong positive news regarding Boeing's subsidiary divestiture and equity acquisition, the stock surged +24.8% over the past week, reaching near the resistance level of $5.60. Therefore, a conservative profit-taking target of $5.60 was set. However, the actual result significantly exceeded the predicted return of 2.5%, achieving an actual return of 12.1%, resulting in an OVERHIT designation. Despite an RSI(14) of 55.1 and a non-aligned moving average, strong buying pressure driven by the positive news continued, leading to a price breakout above the resistance level. This ultimately confirmed that the initial scenario was set somewhat conservatively, failing to fully reflect the additional upward movement.
In this trading session, we confirmed that the strong momentum following the occurrence of positive news did not stop near the resistance level and could lead to further sharp increases. Therefore, in future entry situations accompanied by major M&A or partnership news, we will adjust our response strategy by keeping the profit-taking target a bit more flexible, considering the expansion phase after breaking through the resistance level.