You’re basing the “downtrend” on intraday highs when you should be looking at daily closing prices. Thursday closed green up 400%. Friday held those gains and closed green another 7%. We have had one single day of red, yesterday.
This stock is too volatile right now to be making accurate predictions. Grand predictions of a downturn means nothing when the stock runs. What is your point anyways? Are you warning people? Are you looking for cheapies because you know that the float is low and easily manipulated? I've seen this act many times.