PIPPIN's recent decline can it rebound? After looking around the technicals, it's really hard to be optimistic.

RSI(6) has already dropped to 28.03, indeed entering the oversold zone, but the problem is—there's no sign of a decent rebound. What does this indicate? It shows that the market's bottom-fishing sentiment hasn't been activated at all, and the downward momentum hasn't been fully released.

Looking at the trading volume, the figure of 23.19 million is right there, compared to the 49.15 million 5-day average volume, it has shrunk significantly, indicating that buying pressure is clearly insufficient. A rebound without volume is equivalent to no support, and taking over at this point is as dangerous as taking a knife.

The MACD indicator is even more straightforward—DIF and DEA are both stuck in the negative zone, with green bars continuously appearing, showing no signs of weakening the bearish momentum. When these three indicators are considered together, the logic is very clear: this is not the time to bottom-fish, but rather a clearer signal to short.