Fusion Pharm, Inc. (FSPM)

[TraderGash]

The old fashioned way of determining a trend:
Pull up the chart you use to determine trends. Now step back six feet from your screen and look at the fuzzy shape the bars make (assuming you have poor eyes like I do) I use the daily charts and FSPM looks to me like it is still in an uptrend on the daily chart.
A day trader would pull up a one minute chart and say we are in a down trend.
So it depends on your trading horizon.
When looking at the daily chart, you should also see where the close is for confirmation of a trend change.
Disclosure - flat but may re establish my short position soon if the price keeps heading down.