Neutral/Negative Catalysts
- No supportive news flow recently (no news in the last week), so there’s no clear external catalyst to arrest the downtrend.
- Downtrend is technically entrenched (bearish MAs + worsening MACD); today’s sharp drop increases the chance of further liquidation.
- Elevated implied volatility suggests the market is expecting large moves; without a clear edge, timing risk is high.
- Analyst stance is negative (Underperform) and can pressure sentiment into earnings.
