$MAGMA I’m still bearish. This downturn trend has fully opened up. After the recent high comes down, it keeps bouncing—put simply, it’s luring longs, then it starts to slowly drift lower and grind you down. I think the downside room hasn’t finished yet, so don’t rush to buy the bounce. Once the bounce reaches its level, keep the bearish idea; if you short after the bounce, don’t go too heavy, and watch your position risk.