Harmonic downtrend (green trendline) since double top in 2013 and 2014; has been trying to find a base in the 40's but is now in the 30's looking for a base. Currently at high for short-term and long-term and has high probability to fall.
RSI confirmation @ 65. Historically, RSI here has done well at signaling short entries.
SOHU is currently in short-term swing upward (orange channel) but it is not expected to break 2 year trend yet for strong bullish move, also has a lot of room to fall @ current $38.99 price to about $30 in the long term.
Aggressive short-term swing low target @ ~$36 (this level will be a tough support level to break; may serve as support for new trend upwards after price drop to $36 level) Long-term short swing initial target of $35 after earnings, then $30 for next target.
If $30 breaks, serious profit potential can follow.
Also, option players can long Jun 35 put; use far out expiration (red line) to give trade time to work and to reduce volatility crush effect on long option after entry. ~$300 profit per contract @ $30 expiration.