Smart Money Is Betting Big In SOFI Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on SoFi Techs (NASDAQ:SOFI) with 61% of recent options trades being bullish. The major market movers are focusing on a price range between $5.0 and $15.0. The stock is currently priced at $8.22, up 1.42%, with RSI indicators suggesting it may be approaching overbought territory.
September 19, 2024 | 7:32 pm
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Whales are showing a bullish stance on SoFi Techs with 61% of recent options trades being bullish. The stock is currently priced at $8.22, up 1.42%, with RSI indicators suggesting it may be approaching overbought territory.
The article highlights a significant bullish sentiment among large investors in SoFi Techs, as evidenced by the majority of options trades being bullish. This suggests a positive short-term outlook for the stock. The current price increase and RSI indicators further support this bullish sentiment, although the potential for the stock being overbought should be considered.
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