Don’t rush into the market at these price levels. The market has been highly volatile lately, with frequent two-way liquidations. Blindly chasing the highs or selling the lows will only make you part of the liquidity.

Here’s my view: For LUNC and PIPPIN, if you have short positions established at previous highs, you can continue to hold them. Looking at the bigger picture, the trend is still bearish, so there’s no need to close your positions in a hurry.

The strategy is simple—wait. Wait for what? Wait for a rebound to a relatively high point before considering adding to your short positions. Don’t make moves in the middle of a trend, and definitely don’t try to catch the bottom. In this kind of market, going with the trend is much safer than trying to time the top or bottom.

Remember: Good trading opportunities come from waiting, not chasing. Stay patient, and act only when you see a clear opportunity.