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The recent up-bar with big volume looks like killing SLs above 8300. Note, we have minor SB on background. Many Sellers, who entered shorts on 15th/Oct, placed their SLs above 8300. Now they knocked out. If this interpretation true, we will see a building of a Shape of weakness (Red triangle) with a new attack on line B.
Be cautious, price is moving near the center of the wedge. This is why the market is vulnerable to send confusing signals.
So, shorting this stock is risky. I believe, price has the potential to reach the top orange line of big multi-months channel.