- Whales are people who buy or sell lots of stocks at once, and they can influence the price.
- ELF is a company that makes beauty products.
- The article says that some whales have been trading a lot of ELF shares recently, which could mean they know something we don't.
- Some whales are betting that ELF will go up in value, while others think it will go down.
- There is a range of prices where these big traders think ELF might be valued soon.
Read from source...
1. The title is misleading and clickbait-like, implying that whales are somehow special or unique in their actions with ELF, when in fact they are just another group of investors following market trends and signals.
2. The article does not provide any clear definition or explanation of what a whale is, leaving the reader uninformed and confused about the term and its relevance to the topic.
3. The article relies heavily on data from Benzinga's options scanner, which may not be accurate, reliable, or representative of the overall market sentiment and activity.
4. The article focuses too much on the sentiment among major traders, without considering other factors that may influence the price movement of ELF, such as fundamentals, news, events, etc.
5. The article uses subjective terms like "split", "not a typical pattern", and "significant move" to describe the market dynamics, without providing any objective evidence or criteria for these claims.
6. The article presents projected price targets based on volume and open interest, but does not explain how these indicators are calculated or interpreted, nor does it provide any historical context or comparison for these numbers.