This Is What Whales Are Betting On NVIDIA
Portfolio Pulse from Benzinga Insights
A large bearish position on NVIDIA (NASDAQ:NVDA) has been spotted, with 56% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $135 to $770 for NVIDIA over the last 3 months. The stock is currently down 3.88% at $405.73.
June 26, 2023 | 5:31 pm
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A large bearish position has been spotted on NVIDIA, with 56% of big-money traders showing bearish sentiment. The stock is currently down 3.88% at $405.73.
The large bearish position on NVIDIA indicates that big-money traders believe the stock price will decline in the short term. With 56% of these traders showing bearish sentiment, it is likely that the stock price will be negatively impacted.
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IMPORTANCE 80
RELEVANCE 100