Serve Robotics (SERV): Autonomous Delivery Gains Strength

Serve Robotics Inc. (SERV) is a robotics company focused on revolutionizing last-mile delivery with autonomous sidewalk robots. These robots are designed to navigate urban environments, delivering food and other goods quickly and efficiently. As demand for contactless delivery grows, Serve Robotics is expanding its fleet and forming partnerships with major food and retail brands, driving its growth in the fast-evolving delivery industry.

On the stock chart, SERV recently showed a confirmation bar with increasing volume and is finding demand at the Fibonacci 0.50 level inside the corrective zone (0.382-0.618). This is a strong support area in uptrends, signaling increased buying interest and a potential move higher. A trailing stop can be set using Fibonacci levels, allowing traders to manage risk while keeping upside potential open.