Check Out What Whales Are Doing With CVNA
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on Carvana (CVNA) with significant options trading activity. 50% of trades are bullish, with a price target range of $75 to $200. Analysts have mixed ratings, with price targets ranging from $110 to $200.
August 19, 2024 | 3:01 pm
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Carvana sees bullish sentiment from whales with significant options trading. Analysts have mixed views, with price targets ranging from $110 to $200. The stock is slightly up, but RSI suggests it may be overbought.
The article highlights a bullish sentiment from large investors ('whales') in Carvana, as evidenced by the options trading activity. 50% of the trades are bullish, with a significant amount of money involved. Analysts have mixed ratings, but the presence of bullish options activity suggests a positive short-term outlook. The stock's slight increase and RSI nearing overbought territory indicate potential upward pressure, although caution is advised due to mixed analyst ratings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100