Check Out What Whales Are Doing With DASH
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on DoorDash (NASDAQ:DASH), with 77% of the spotted trades being bearish. The whales have been targeting a price range from $70.0 to $115.0 for DoorDash over the last 3 months. The price of DASH is up 15.85% at $87.93, but RSI indicators suggest the stock may be overbought.
November 02, 2023 | 7:47 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A whale investor has taken a bearish stance on DoorDash, with majority of the trades being bearish. The stock price is up but may be overbought.
The bearish stance taken by a whale investor, who typically has significant influence on the market, could potentially drive the stock price down. Additionally, the RSI indicators suggest that the stock may be overbought, which could lead to a price correction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100