This Is What Whales Are Betting On BHP Group
Portfolio Pulse from Benzinga Insights
A large bullish position has been taken on BHP Group (NYSE:BHP), as observed in the publicly available options history. The sentiment among these big-money traders is 92% bullish and 7% bearish. The whales have been targeting a price range from $32.5 to $60.0 for BHP Group over the last 3 months. The price of BHP is currently down -0.12% at $56.6, with the RSI indicators suggesting a neutral position between overbought and oversold.
October 26, 2023 | 5:16 pm
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A large bullish position has been taken on BHP Group, with a target price range of $32.5 to $60.0. The current price is down -0.12% at $56.6.
The large bullish position taken on BHP Group indicates that the investors expect the stock price to rise. The target price range of $32.5 to $60.0 suggests a potential upside. However, the current price is down -0.12% at $56.6, indicating a short-term bearish trend. The RSI indicators suggest a neutral position, indicating that the stock is neither overbought nor oversold.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100