Neutral/Negative Catalysts
- Clear downtrend (bearish MA stack) and current price is below S1 support → higher probability of continuation lower before any durable reversal.
- No news in the past week → no obvious event-driven catalyst to quickly reverse sentiment.
- High implied volatility (IV percentile ~97%) raises the “cost” of being aggressively bullish right now.
- Trading flows: hedge funds and insiders are neutral (no supportive accumulation signal), and no recent Congress trading data to infer influential buying.