We recently saw a huge big green candle and then gapped down on Friday. Both of which retested the top of the wedge and failed to get over. That itself lends to bearish sentiment and is a bearish move in the making. While the green candles look bullish, the price action has yet to get back over the top of the wedge and until it does, the price emphasizes a bearish trend, so the bulls will want to get that back above the wedge.
Current position: I am still short on $AMD ($100 Put) and will monitor it to test the bottom of the wedge.
Current position: I am still short on $AMD ($100 Put) and will monitor it to test the bottom of the wedge.