Let`s talk about downtrend level ( GPACKET )

Based on this chart, level 1 is support line, then it start dropped to level 2and further dropped to the lowest is on level 5 again and somemore lower.Most of ppls know to buy the share when the share price is increase and dont know to cut loss when it show downtrend level. Some ppls at stage 1 , they felt it`s ok lar..loss little bit .When reach at level 2, ppls will say still loss little bit but in level 5 , ppl will lose everything..and nothing to say anymore. The result is may be he will sell it at lowest point, but once he sell it , then it started to climb. That`s why ppls must know buy low sell high and profit taking & cut loss.