The Bearish Case for AEO -- Gap up or Bull Trap?

Red Flag refers to gap up, could this be a bull trap?

im looking for it to correct around the .618 and .78, resistance at the 1


OTHER CONSIDERATIONS:

IMPLIED VOLATILITY/EARNINGS

SEASONAL -- Also, keep in mind some believe that clothing retailers stock price can be influenced by temperature/heat (see: Kohls, Sears, etc) -- with the end of summer around the corner, demand could and likely will move to other sectors
AEO

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