This Is What Whales Are Betting On Chevron
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Chevron (NYSE:CVX), with 60% of the investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $100.0 to $190.0 for Chevron over the last 3 months. The price of CVX is currently down -0.05% at $158.96. The next earnings are expected to be released in 65 days.
August 23, 2023 | 8:01 pm
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A whale investor has taken a bullish stance on Chevron, with the majority of investors also bullish. The targeted price range is $100.0 to $190.0 over the next 3 months.
The bullish stance taken by a whale investor, along with the majority of other investors, indicates a positive outlook for Chevron. This, combined with the targeted price range, suggests potential growth in the short term. However, the current price is slightly down, indicating some volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100