Neutral/Negative Catalysts
- No news flow in the last week → no fresh fundamental catalyst supporting a sustained breakout right now.
- MACD is positive but contracting, implying weakening momentum.
- Similar-pattern projection shows -3.12% over the next month, which conflicts with a longer hold.
- Market backdrop: S&P 500 was down (-0.48%), which can cap small-cap sentiment.
- Resistance is close overhead (6.88–6.97), increasing the chance of a near-term stall if buyers don’t follow through.