Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards PDD Holdings, with 44% of options traders being bearish. The options activity suggests a price range of $100 to $200 for PDD Holdings. The stock is currently trading at $153.61, up by 0.59%, but may be overbought according to RSI values.
October 03, 2024 | 7:35 pm
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PDD Holdings has seen significant bearish options activity, with 44% of trades showing bearish sentiment. The stock is currently trading at $153.61, up by 0.59%, but RSI indicates it may be overbought.
The article highlights a bearish sentiment among financial giants towards PDD Holdings, with 44% of options trades being bearish. This suggests a potential downward pressure on the stock price. The current trading price is $153.61, which is within the predicted range of $100 to $200. However, the RSI indicates that the stock may be overbought, which could lead to a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100