ALK will trigger a short entry on a break below the rising wedge pattern on this 4-hour period chart. At this time, my preferred target is T1 as the primary trend is still bullish and as such, this will be viewed as a counter-trend, pullback trade. However, this trade is very likely to be extended to a longer term swing trade targeting T2 or quite likely the longer term swing targets shown on the daily and weekly charts below.