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Richtech Robotics Inc
Company Overview: Richtech Robotics Inc. (NASDAQ: RR) is a developer of advanced robotic technologies focused on transforming labor-intensive services in hospitality and other sectors. The Company designs, manufactures and sells robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a range of services, including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation.
As per our previous US Daily Report published on ‘RR’ on 03rd January 2025, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 2.41 based on “decent fundamentals, other key financial highlights, the upside indicated by valuation and key risks” and the stock price has now moved by ~115.35% since then and attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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