By taking a quick profit or 'intra-day trading' a fund like this in this questionable 'bottoming' circumstance, it is best method if you lack confidence in a stock.
Eventually I know this will reverse trend higher for a while, but timing such things can be difficult, so a person must be vigilant.
I'm maintaining a core position (applying stop-loss), but as I've done in the past with JNUG-JDST at questionable periods like this, I am also doing some intra-day trade flipping with other cash to hedge my risk with some extra sideline profits (a few % here and there). 3-5%, 10% a couple times per week for example, it all adds up over time, and as I said, it hedges potential risk for loss on a core position.