BUY - Not recommended when it’s on a downtrend within a channel
SELL - Cut loss immediately to be in cash position
RATIONALE - Support can be broken easily - Chart would have shown the reasons ahead of any announcement - Do not fight with the tape - Possible entry was early in the beginning of the year at around 2.8 after establishing a base for almost 160 days – which would result in around 20% profit - Nail down profit after it broke ATH would have protected the profit and avoid the downtrend