Clear pattern for UAL (United Continental) - Short or buy puts

We have one of the most prominent channeling patterns here in UAL. We also have global tensions in the Persian gulf leading to concerns about oil prices going higher. Taken altogether, now is a great time to buy some near the money put options for UAL. Perhaps the July 26 or August 2 87 strike puts.
Chart PatternsTechnical IndicatorsTrend AnalysisUAL

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