Neutral/Negative Catalysts
- Insiders are selling, and selling volume has increased sharply (+946.67% last month) — often a near-term headwind.
- Price is near R1 resistance (~60.29) with short-term RSI near overbought, increasing the odds of a pullback that an impatient buyer would feel quickly.
- Latest reported quarter shows earnings deterioration into a loss, which can cap multiple expansion until margins recover.
- Provided pattern stats show a negative 1-month expectation (-3.19%), arguing against chasing this level for a quick win.