Neutral/Negative Catalysts
- Technical downtrend dominates near-term: bearish MA stack + deteriorating MACD increases odds that oversold becomes “more oversold” before a durable reversal.
- Institutional selling headline: Peregrine Asset Advisers fully exited (~$10.66M), which can weigh on sentiment short term.
- Near-term price levels are broken: trading below
101 support increases risk of a move toward **94.7** before buyers regain control.