This rising optimism in the face of a steady technical decline has bearish implications from a contrarian standpoint.

FORBES: Betting On Gaming's Losing Streak

As consumers make additional cuts to their spending habits and the sector extends its technical losses, an unwinding of this lingering investor optimism could provide additional selling pressure for gaming stocks.

FORBES: Magazine Article

This rising optimism among options traders amid the stock's technical troubles has bearish implications from a contrarian perspective.

FORBES: Magazine Article