This Is What Whales Are Betting On Visa
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Visa (NYSE:V), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $210.0 to $250.0 for Visa over the last 3 months. The price of Visa is up 0.21% at $237.97, with RSI indicators hinting that the stock may be approaching overbought. Visa's next earnings are expected to be released in 22 days.
July 03, 2023 | 5:18 pm
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A whale investor has taken a bullish stance on Visa, with the stock price currently up 0.21% at $237.97. The stock may be approaching overbought, according to RSI indicators.
The bullish stance of a whale investor, along with the current upward trend in Visa's stock price, suggests a positive short-term impact on the stock. However, the RSI indicators hinting at an overbought situation could potentially lead to a price correction in the near future.
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