Arbe Robotics Trading Higher

February 21, 2023

(24/7 MARKET NEWS) – Arbe Robotics Ltd (NASDAQ:ARBE) is at $6.50 up $2.15 (+49.43%), on trading volume of 8.4 million premarket shares.

Its 52-week trading range is $2.8946 to 9.03. Its price crossed above its 15 and 50-day moving average on higher-than-average daily trading volume last week. It looks like it’s going higher, but it’s way above its recent support level, so a pullback and consolidation move to lock in these gains may be in the horizon.

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