This Is What Whales Are Betting On Li Auto
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Li Auto (NASDAQ:LI), with 76% of detected trades being bearish. The whales have been targeting a price range from $20.0 to $50.0 for Li Auto over the last 3 months. The current price of LI is down -0.5% at $44.15, and RSI indicators suggest the stock may be overbought. The next earnings are expected to be released in 6 days.
August 04, 2023 | 11:45 am
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on Li Auto. The stock may be overbought and the next earnings are expected in 6 days.
The bearish stance taken by a significant investor, combined with the RSI indicators suggesting the stock may be overbought, could lead to a decrease in the stock price. The upcoming earnings release could also impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100