SERV LongFeatured in the OCT Dashreport. Nick said to wait for a significant close above the 21dma. I entered before close of day Oct 7. Stop loss will be a close below the 21Dma.
Last time this strategy took place, price went from the $2-3 range to $24, and our exit would have been around $11. I doubt we will see the same multiple this time around, but who knows how powerful the datadash community is. I am relatively new to his newsletter picks.I will consider adding more closer to the 21dma.
BUY 100@ 10.36
SERV trade ideas
Serve Robotics Inc.: Signs of Recovery After Bearish PhaseAfter reaching an all-time high of $24.10, Serve Robotics Inc. faced a challenging bearish period, which saw its stock price decline.
Despite this downturn, recent indicators suggest that the company may be on the verge of a rebound. With advancements in their autonomous delivery technology and growing demand for contactless delivery solutions, there are promising signs that Serve Robotics could experience upward momentum in the near future.
Investors are cautiously optimistic as they watch for potential catalysts that might drive the stock back toward its previous highs.