Morning Trend | Yext's capital outflow accelerates, is the short interest counterattack deepening?

Yext (YEXT.US) yesterday's market taught you what 'main force reverses to kill the long' means! It opened high and then fell, with selling pressure clearly increasing, and the community unanimously shouted "shorts are expanding." The MACD daily line death cross is still present, and the short moving averages are repeatedly pressing down, making technical traders hesitant to enter the market, with a strong rebound basically out of the question. The news stimulus is also somewhat negative, as the company's Q3 earnings guidance is far below market expectations, leading to community discussions: growth issues are arising, and funds are starting to "run away." The SaaS sector has shown zero correlation recently, and all similar stocks are on the sidelines. Yext has recorded consecutive days of closing in the red this month, with a broken chip structure, and panic is gradually spreading as it falls below the phase support. The community's focus on T trading and right-side traders has shifted to small cycle stop-loss signals—but during the session, the 5-day line cannot stop the outflow of funds, indicating that no one is stepping in. An extreme sentiment wave may come again, and a pullback to seek a bottom or even a new low could be realized instantly. The intraday rebound looks more like "oversold repair" rather than a reversal. Currently, the market sentiment is extremely weak; even if technical indicators are not yet out of control, not following stop-losses means waiting to be caught in a big red candle. The community's hot topic has shifted to "after falling too much, shorts also need to lock in profits," with short-term funds all waiting for a significant divergence bullish candle to compete again. The conclusion is: beware of intensified downward pressure, and if betting on a rebound, do so with light positions, and only target strong intraday movements