Neutral/Negative Catalysts
- Margin pressure: Gross margin down ~1.98% YoY in 2025/Q3—profitability trend is a key overhang.
- Mixed options tape: Put volume dominates today (bearish near-term sentiment), despite bullish-ish OI structure.
- Technical positioning: Price still below pivot (~76.13); failure to reclaim it can invite another retest of ~$73.70 support.
- Pattern-based outlook: Similar-candlestick model suggests -10.53% over the next month, implying unfavorable near-term risk/reward for an “enter now” approach.
- No fresh news tailwinds in the past week to extend momentum.