The bump or spike in today's price only helped the short move. The bump today allows the stock dive to cool and keep it from getting to "oversold" levels to early and continue its downward trend. Nice easy check today and allowing shorts a better entry on a now downward trend. Also the downhill side of a head and shoulders pattern. Many negative technicals to go with the slowing fundamentals.
At this price level.
Fundamentals- negative or unsupportive
Take your pick