Here's the Analysis of #KATIO :

#KATIO have some messy price action, moving lower and lower, formed a bear flag after break of the downtrend channel pattern. Looking left there's no clean support, where price could held from, short-selling the existing bag can be good here.

#KATIO dropped as per the call, had a clean retest and moved around 23.49% in profits. New lower low printed and can move more as still support looking left. Its a good time to book half positions here and let the runner run till where it can go.

#KATIO continues it drop made a move around 33% in profits and expected to continue so. Better to secure some profit and let the runner run, till new lows.