Neutral/Negative Catalysts
- MACD still below zero: trend isn’t decisively bullish yet; breakout still needs confirmation above resistance.
- Options volume skew bearish today (put-heavy): suggests short-term hedging pressure even if OI is bullish.
- Margins: Gross margin down YoY (-1.11%) in 2025/Q3, a potential narrative risk if it persists.
- No fresh news flow this week: fewer immediate external catalysts until earnings.