Check Out What Whales Are Doing With AMAT
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Applied Materials (NASDAQ:AMAT), with 90% of detected trades having bearish expectations. Whales have been targeting a price range of $115 to $175 for AMAT over the last 3 months. The stock is currently down 0.78% at $137.84, and RSI indicators suggest it may be approaching overbought.
June 20, 2023 | 2:47 pm
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Whale investor takes a bearish stance on Applied Materials, with 90% of detected trades being bearish. The stock is down 0.78% at $137.84, and RSI indicators suggest it may be approaching overbought.
The article highlights that a whale investor has taken a bearish stance on Applied Materials, with 90% of detected trades being bearish. This indicates that the investor expects the stock price to decline in the short term. Additionally, the stock is currently down 0.78% at $137.84, and RSI indicators suggest it may be approaching overbought, which could lead to a further decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100