Check Out What Whales Are Doing With ABNB
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Airbnb (NASDAQ:ABNB), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale activity indicates a target price range from $112.0 to $160.0 for Airbnb over the last 3 months. Currently, ABNB's price is down -2.07% at $123.11, with RSI indicators suggesting the stock may be approaching oversold. The next earnings are expected in 13 days.
October 18, 2023 | 1:46 pm
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Airbnb has seen significant whale activity, with a bullish stance being taken. The target price range is between $112 and $160. The current price is down -2.07% at $123.11, and the stock may be approaching oversold according to RSI indicators.
The bullish stance taken by a whale investor indicates a positive sentiment towards Airbnb. However, the current price drop and potential oversold status suggest uncertainty in the short term. The upcoming earnings release could also impact the stock's performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100