Lower Highs, Lower Lows, Below 50DayMA, Stock's Bearish at this time. News could change trend as news always trumps technicals. Let the other guy buy in to bring it above the 50DayMA, or let the 50DayMA come down to meet sp. Anything, in this Market, is not a bargain if below 50DayMA. Should you decide you cannot resist, and consider it a bargain, then be sure to control risk with a tight stop-loss.
In your earlier question about how to tell if there is buying or selling, sp is one indicator. Other technical indicators are OBV, MFI, and RSI (shown on your provided chart) as well as others. If these are trending up while sp is moving down, it could indicate stealth buying.
Hope the best for you in all your trading.