FAS has hit a significant resistance. It could either smash through it leading to $24 or fall from there to about $19.5.
As said earlier, I have taken some profit from FAS, after buying it at the mid 18. If it smashes through, I will sell the remaining at 23. Will buy again if it drops to 19.
Another way to do it is to buy FAZ, FAZ rises when FAS falls.
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