Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on PDD Holdings (NASDAQ:PDD), with 64% of detected trades having bullish expectations. Whales have been targeting a price range of $62 to $100 for PDD Holdings over the last 3 months. The stock is currently up 5.86% at $72.05, with RSI indicators suggesting it may be approaching overbought territory.
June 06, 2023 | 4:31 pm
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Whale investor bullish on PDD Holdings, with 64% of detected trades having bullish expectations. The stock is up 5.86% at $72.05, possibly approaching overbought territory.
The bullish stance of the whale investor, along with the majority of detected trades having bullish expectations, indicates a positive short-term impact on PDD Holdings' stock price. However, the RSI indicators suggesting the stock may be approaching overbought territory could limit the potential upside.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100