ALK (Alaska Air Group) offers an objective short entry on this break below the multi-year uptrend line. A suggested stop over 48.30 is based on the current sole profit target of 42.20 (additional targets may be added).
The notes on the chart states an entry on a break below 46.80 or the trendline. ALK did go on to break below both levels during the time that it took to annotated & upload the chart as well as composing this post. Therefore, ALK will be posted directly as an Active Trade although it still offers an objective entry at this time.