Morning Trend | Joby Aviation explores low levels again, is a hesitant rebound window coming?

Joby Aviation (JOBY.US) approached the key support zone of $13.18 again after hours on December 26, fluctuating at low levels throughout the day, with traders' sentiment leaning towards defense. The bulls in the market made multiple attempts to support the price, but buying interest was limited, and trading volume remained low throughout the day, with mainstream funds starting to adopt a cautious stance. From the intraday perspective, several low-level oscillation ranges are horizontally arranged, indicating that short-term funds have not completely withdrawn, but a wait-and-see atmosphere dominates the market. Some previous low-level funds took profits and exited before the market opened, reflecting a strong protective mentality among some profit-takers. Recently, the low-altitude economy sector has generally cooled down, with expectations for mass production and commercial landing of eVTOL concepts being reduced, weakening the market story effect and decreasing risk appetite. From a technical perspective, the medium and short-term moving averages are showing a downward trend, with the stock price approaching the lower Bollinger Band, facing significant pressure and low trading enthusiasm. If the key support of $13.18 is broken, further short-term declines cannot be ruled out. Currently, defensive sentiment dominates the market, but there remains motivation for short-term funds to seek extreme rebound opportunities. In terms of external news, Joby has no new collaborations or industrial policy drives, and mainboard funds have not yet flowed back, making short-term fluctuations more reliant on sudden news or sector linkage stimuli. Feedback from community traders indicates that most traders are cautious, with some active funds closely monitoring whether there will be a "false break" that induces short selling before quickly recovering to seize extreme rebound opportunities. If there are subsequent policy catalysts or large order fluctuations, the short-term rally window may open quickly, and momentum changes need to be monitored in real-time