Check Out What Whales Are Doing With SGEN
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Seagen (NASDAQ:SGEN), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $155.0 to $210.0 for Seagen over the last 3 months. The price of SGEN is up 0.47% at $206.91, with RSI indicators suggesting the stock may be overbought. Next earnings are expected in 42 days.
September 14, 2023 | 5:47 pm
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A whale investor has shown bullish sentiment towards Seagen (NASDAQ:SGEN), with a targeted price range of $155-$210. The stock is currently up 0.47% at $206.91, potentially indicating overbuying.
The bullish sentiment from a whale investor, coupled with the current price increase, suggests a positive short-term impact on Seagen's stock. However, the RSI indicators hint at potential overbuying, which could lead to a price correction in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100