Neutral/Negative Catalysts
- Near-term technical pressure: Down day (-2.86%) with bearish MACD expansion suggests sellers still in control.
- Options market caution: Very high IV and heavy put skew implies traders are braced for downside or hedging aggressively into earnings.
- Pattern-based short-term drift: Similar-pattern model implies ~-3.19% over the next week (near-term headwind).
- Earnings proximity: With earnings days away, price may remain pinned/volatile and vulnerable to disappointment (market is pricing a big move).