Under armor recently got rejected off of previous resistance and has fallen sharply since. Looking at some nice long term support here with bids @ 17.5.
Always use a stop loss.
UA recently broke resistance (yellow line), if the stock can push past this and set a new support this would be very compelling.
note that I'm not advising a position yet, this looks more bearish short term but we will have to wait and see.
This is a simple trade for Arista Networks.
The price has been going down sharply for a little now and it seems to have bounced nicely of some long term support.
Assuming the market stabilizes this could be a good opportunity.
