The stock is trading below both the 50D ($2.29) and 200D ($2.43) moving averages, confirming a bearish trend. Fundamentals are weak with negative EBITDA and an expensive Forward P/E of 49.33. Momentum is significantly negative (-10%), and the volume spike suggests institutional distribution. Support at $2.20 is fragile; a breakdown likely targets the lower Bollinger Band at $1.97.