RE: technically broken downIf you're talking about the up trend, yes that broke down over a month ago and is pointless to discuss now.
However if you are talking about support we have not fallen below it yet. Pull up a chart and draw your lines, support looks to be in the high 2.40's which we just touched and didn't fall through. So far this is bullish.
You don't use a previous intra-day high as a place to draw your lines from.