Vivid Seats Inc

The stock remains in a clear Stage 4 decline with medium-term bearish bias intact. Short-term timing is unfavorable for additional selling as price is extremely oversold and extended below declining EMAs. Execution should be deferred and trimming is best executed on a relief rally into the 9/21EMA resistance zone. The long-term downtrend remains intact, and only a decisive break above intermediate EMAs would invalidate this bearish posture.

• ↑Q1 marketplace GOV reached $612 M, up 5.5% QoQ
• ↑App-driven GOV surged 20% YoY, driving higher conversion
• ↓Profitability metrics remain weak, hindering margin expansion