if it resolves to the upside, it should have considerable upside potential.
one way to trade this could be to only trail the stop under every new swing low, and not even use a profit target.
If it resolves to the downside, it could fall pretty hard but with the strength of the current bull market, shorting is statistically speaking not the best way to go.
one way to trade this could be to only trail the stop under every new swing low, and not even use a profit target.
If it resolves to the downside, it could fall pretty hard but with the strength of the current bull market, shorting is statistically speaking not the best way to go.