This Is What Whales Are Betting On Deere
Portfolio Pulse from Benzinga Insights
Financial giants are showing a bearish sentiment on Deere (NYSE:DE) with 45% of options traders betting against it. The stock is currently trading at $419.82, up by 0.6%, but RSI indicates it may be overbought. Major market movers are focusing on a price range of $360 to $440.
October 01, 2024 | 6:31 pm
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Deere (NYSE:DE) is experiencing a bearish sentiment from financial giants, with 45% of options traders showing bearish tendencies. The stock is currently trading at $419.82, up by 0.6%, but RSI values suggest it may be overbought. Major market movers are focusing on a price range of $360 to $440.
The article highlights a bearish sentiment among options traders for Deere, with 45% showing bearish tendencies. Despite a slight increase in stock price, the RSI indicates potential overbought conditions, suggesting a possible price correction. The focus on a price range of $360 to $440 by major market movers further supports a cautious outlook.
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