Power Plays New Idea: ARBE
February 6, 2025
By Scott Redler
Name:Arbe Robotics
Ticker: ARBE
Price: $2.94
Needs to Hold: $2.20 to $2.40
Price Objective 1: N/A
Price Objective 2: N/A
Arbe Robotics (ARBE) is starting to take off and I'm adding it to Power Plays here. It gapped up nicely today and I think that gap will hold.
Speculative robotics names are taking off as a group.
And with ARBE still 40% off the highs, I believe it has potential to slingshot higher in the days to weeks ahead.
The danger zone here is the $2.20 to $2.40 area. That's where I'd be switching gears if it goes against me.
-Scott
Scott Redler Positions Disclosure as of 2025-02-06 at 10.17.23 AM