Neutral/Negative Catalysts
- Dish/EchoStar overhang: Unclear timing/outcome of resolution; could continue to pressure sentiment and multiples (explicitly cited in the BMO downgrade).
- Technicals still weak: Bearish MACD expansion raises risk of a breakdown below 173 toward 170 before any durable rebound.
- Event risk into earnings: With elevated IV, the stock can gap on results/guidance; a miss could invalidate the support-level bounce thesis quickly.