This Is What Whales Are Betting On Tesla
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Tesla (NASDAQ:TSLA), with 52% of the observed trades being bearish and 47% bullish. The trades indicate a targeted price range of $165.0 to $325.0 for Tesla over the last 3 months. The current price of TSLA is up 2.03% at $262.72, and RSI indicators suggest the stock may be overbought. Tesla's next earnings are expected in 19 days.
June 30, 2023 | 2:18 pm
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A significant investor has taken a bearish stance on Tesla, with a targeted price range of $165.0 to $325.0 over the last 3 months. The current price of TSLA is up 2.03% at $262.72, and RSI indicators suggest the stock may be overbought.
The bearish stance taken by a significant investor, along with the targeted price range, suggests potential downward pressure on Tesla's stock price. The current price increase and overbought RSI indicators may also suggest a potential correction in the near term.
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