AA forming a rising wedge
which is usually bearish
. I set an alert to let me know if it breaks down out of the rising wedge
. If it breaks down, it'll first "hook" down and up quickly to confirm resistance and try to rise again. If it fails, it will "go" quickly downward to the next support level
at ~25$ for a 33% gain on a short, more for a put option. Once it finds support and begins to reverse upward, there's a chance for a 64% gain on it's way to $37 (more for a call option).