Alaska Air Group Inc is an airline holding company that operates Alaska Airlines and Horizon Air. They provide passenger and cargo air transportation services to various destinations in the United States, Canada, Mexico, and Costa Rica. Alaska Airlines is known for its extensive route network and commitment to customer service.

The stock of Alaska Air Group Inc (ALK) has been working higher in recent months, showing signs of short-term upward momentum. However, it is important to note that the longer-term trend for the stock is still down. Despite the recent gains, the stock has been in a downtrend, characterized by lower highs and lower lows. This suggests that the stock may face resistance and potential selling pressure as it approaches previous levels of resistance. Traders and investors should exercise caution and closely monitor the stock's price action, considering the longer-term trend before making any investment decisions.