Based on the chart given below; identify the best course of action:

Shares are losing momentum which can be confirmed by negative divergence between price and ROC; trader should be cautious and be quick to reduce position on a violation of trendline.

Shares are making a series of higher highs and higher lows; ROC has turned negative which is confirming the price action; should use current pullback to add to position.

ROC has turned negative which is a sell signal; should initiate a short position.

Negative divergence observed between price and ROC should be ignored as prices are near life time highs.