Wait for volume to drop off before going long BSX

A reader requested a chart for Boston Scientific (BSX), here's my technical analysis:

BSX is at resistance. If it can close and hold above 7.2 then I favor BSX running up to about 7.8 to fill the gap. If it does reach 7.8 then I would expect BSX to respect resistance at 8 and base/flag at that level. If the volume drops off then BSX would be a nice breakout candidate. If BSX fails to close and hold above 7.2, then it's headed back to 6.3.

I wouldn't play BSX with out of the money calls because the volume on options is 0. If I had to buy an option, I'd buy the $4 May strike and play it as a stock with a stop loss at 6.3