RKLB sitting at extreme oversold levels. Does that actually mean anything here?

11 Bullish signals, 0 bearish on the daily, KDJ and RSI both screaming oversold. And yet the stock keeps drifting lower. Been watching this tape for a while and honestly the setup feels crowded to the downside but crowded doesn't mean it snaps back. The problem is RKLB doesn't trade on its own fundamentals right now. It's basically a proxy for SpaceX sentiment and the commercial space sector as a whole. Until that narrative shifts, oversold readings might just mean "less bad," not "reversal." Was eyeing the 64ish area as a potential stabilization zone. Pulled the chart on moomoo and the distance from the 151 highs is just brutal. Any recovery has so much overhead to chew through. The Neutron program is the wildcard. Positive news there could be the catalyst that breaks the pattern, but tape isn't rewarding anything right now. Anyone still holding from higher levels or did most of you cut it? Genuinely curious if support holds here or if this just grinds lower.