This Is What Whales Are Betting On VinFast Auto
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on VinFast Auto (NASDAQ:VFS), with 56% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $10.0 to $45.0 for VinFast Auto over the last 3 months. The price of VFS is currently down -7.87% at $14.4, and RSI indicators suggest that the stock may be oversold.

September 25, 2023 | 4:39 pm
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on VinFast Auto. The stock price is currently down -7.87% at $14.4, and RSI indicators suggest that the stock may be oversold.
The bearish stance taken by a significant investor, coupled with the current drop in stock price and the oversold RSI indicators, suggest a negative short-term impact on VinFast Auto's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100