Just wanted to take two seconds in this bloodbath of a day and point out a chart that is trending higher. And, surprisingly enough, it comes from the consumer discretionary sector: Aeropostale (ARO). While ARO might be one of the few discretionary retailers actually performing well in this environment, there are plenty of names that are not. So, set up a pairs trade or just play the channel straight up; your choice. The chart really speaks for itself. Stop out on a downside break of the channel.
(click to enlarge)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL6vIe4k-mFmFZOuJBJwzP54FQD0aSP-AMhyphenhyphenhwKPmTrYPekMFccwxH1AfcZI92rdVaj6j8TwHd48_ubK5a7VgUXYdiMRSdHy6q2o9eFSfoMQJMFvAA8cqsXC6HqqObabv2B5_zRl7cN4E/s400/aro.png)