Neutral/Negative Catalysts
- Technical backdrop remains bearish (downtrend + MACD below zero); rallies can fade quickly without a confirmed reversal above resistance.
- Financial quality concerns: revenue reported as 0 and ongoing losses reduce fundamental support for sustained upside.
- The announced $10M investment in Faraday Future can be viewed as a distraction/capital allocation risk rather than a core-business catalyst.
- Trading-trend data shows hedge funds neutral and insiders neutral (no clear “smart money” accumulation signal).