Neutral/Negative Catalysts
- No news in the last week → limited event-driven upside catalysts right now.
- Technicals are bearish (bearish MA stack + MACD worsening), increasing odds that supports get retested/broken.
- Profitability/quality concerns: gross margin is negative and deteriorated sharply YoY, suggesting revenue growth may not be translating into healthy economics.
- Broader tape is risk-off today (S&P 500 -1.09%), which can pressure smaller/speculative names.