This Is What Whales Are Betting On Salesforce
Portfolio Pulse from Benzinga Insights
A large bearish position on Salesforce (NYSE:CRM) has been spotted, with 60% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $165 to $250 for Salesforce over the last 3 months. The stock is currently trading at $209.81, down 0.13%.
June 26, 2023 | 3:03 pm
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A large bearish position on Salesforce (NYSE:CRM) has been spotted, with 60% of big-money traders showing bearish sentiment. The stock is currently trading at $209.81, down 0.13%.
The large bearish position indicates that big-money traders believe the stock price may go down in the short term. This could be due to various factors such as market sentiment, technical indicators, or potential news. The 60% bearish sentiment among big-money traders suggests a higher probability of the stock price going down.
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