This Is What Whales Are Betting On Booking Holdings
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Booking Holdings (NASDAQ:BKNG), with 58% of the investors opening trades with bearish expectations. The whale activity has been targeting a price range from $2800.0 to $3800.0 for Booking Holdings over the last 3 months. The price of BKNG is currently up 1.57% at $3084.06, with RSI indicators suggesting the stock may be approaching overbought. The next earnings are expected to be released in 40 days.
September 22, 2023 | 5:31 pm
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A whale investor has taken a bearish stance on Booking Holdings, with majority of investors opening bearish trades. The stock price is currently up but may be approaching overbought.
The bearish stance taken by a whale investor, along with the majority of investors opening bearish trades, indicates a potential downward pressure on the stock price. Additionally, the RSI indicators suggesting the stock may be approaching overbought further supports this prediction.
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