IBM: Technical Trade - IBM set to fall

Looking at a weekly chart, (see this link: http://tinyurl.com/3b8jrj ) IBM has formed what might possibly be a rising wedge - seems obvious to me but we all often see what is not there. At any rate, if it is a rising wedge, that is an extremely bearish pattern. Add to that the fact that the uptrend support was broken 11/04/07 with a huge down day. Then that same old support has resisted at least 6 weeks worth of attempts to break back up thru it - makes that old support now an established and formidable resistance. A close above $120.00 would, IMO, negate the rising wedge scenario. A close below $108.00 area would confirm it - and a $95.00 price target. If you are able to enter a short sell position above $115.00 area, could get 20 points out of this one. IMO, if you decide to short this one, place a stop at $117.00 - $120.00 area and you risk approx 3 points for a 20 point gain. Chart suggests that the risk / reward here is excellent - IMO.