Check Out What Whales Are Doing With CMCSA
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on Comcast (NASDAQ:CMCSA) with 70% of recent options trades being bearish. The stock is currently trading at $41.84, up 2.0%, but RSI suggests it may be overbought. Investors are eyeing a price range of $35.0 to $47.5.
September 27, 2024 | 5:34 pm
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Whales are predominantly bearish on Comcast with 70% of options trades reflecting this sentiment. The stock is currently up 2% at $41.84, but RSI suggests it may be overbought. Investors are targeting a price range of $35.0 to $47.5.
The article highlights a bearish sentiment among large investors ('whales') towards Comcast, with 70% of options trades being bearish. Despite a 2% increase in stock price, the RSI indicates potential overbought conditions, suggesting a possible price correction. The price target range of $35.0 to $47.5 further supports the bearish outlook.
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IMPORTANCE 80
RELEVANCE 100