Neutral/Negative Catalysts
- Insider selling is a major red flag: insiders are selling and the selling amount spiked sharply over the last month.
- Options market is defensive: put-heavy ratios plus high IV going into earnings implies notable downside fear/hedging.
- Profitability deterioration in latest reported quarter: net income and EPS down sharply YoY despite revenue growth (quality of growth concern).
- Hedge funds are neutral: no clear “smart money” accumulation signal recently.
- Near-term technical risk: failure to reclaim/hold above 120.4 resistance could invite a pullback toward 117.3/114.2 supports.
