Neutral/Negative Catalysts
- Short-term technical momentum is weakening (MACD deterioration) despite bullish moving-average structure.
- Options positioning looks defensive (high put/call open interest), which can reflect cautious expectations into the next event.
- Earnings event risk is near-term (2026-02-11 AH), which can override technicals and create a gap move.
- Profitability trend watch: gross margin declined YoY in the latest provided quarter.