Short Figma signal by Jake Turner

Observation: FIG keeps grinding lower, and the recent news is still basically the same story: weak trading, some competition noise, and the next earnings date is still a ways out. Doubt: idk, it’s not like the tape has to keep bleeding here, so maybe I’m just chasing a move that already did a lot. Soft opinion: leaning SHORT for now, hedge: but if buyers finally step in, this can flip quicker than it looks.