ATSG Short trade on break of upward trendline

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ATSG recently broke its major upward trendline, creating a short trade possibility with a small risk and high reward.
Two targets are set for $10 and $6.50 as the big target, however like most trades it's better to let it run and trail a stop behind

Factors leading to the decision:

• Price recently broke below the 1-year uptrend trendline
  
• Heavy volume as it broke the upward trendline
  
• After breaking down, price came up to re-test the trendline and was rejected
  
• After falling below the 20-ma, price tried to get above it again and was rejected
  
• The recent high fractal offer great places for tight technical stop
  

As always, use a tight-stop and if it rips down, let it run and trail stops behind.

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