Check Out What Whales Are Doing With CVX
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Chevron (NYSE:CVX) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 23% bullish and 76% bearish. The whales have been targeting a price range from $130.0 to $200.0 for Chevron over the last 3 months. The price of CVX is up 0.36% at $167.06, with RSI indicators hinting at an overbought situation.
September 06, 2023 | 7:31 pm
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A large investor has taken a bearish stance on Chevron (NYSE:CVX), with the overall sentiment among big-money traders being 76% bearish. The price of CVX is up 0.36% at $167.06, with RSI indicators hinting at an overbought situation.
The bearish stance taken by a large investor on Chevron indicates a potential decrease in the stock's price in the short term. The overall sentiment among big-money traders being 76% bearish further supports this. Additionally, the RSI indicators hinting at an overbought situation suggest that the stock may be due for a price correction.
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