I've already played shares of Aeropostale (ARO) for a trade earlier this year, and the stock is getting back to an attractive level to duplicate that feat. It's fairly rare to have a stock that, when it gets to a certain price, looks very attractive from both a technical and valuation perspective. ARO shares at $26 each present such an opportunity.

The stock is fairly volatile and has been hit this week after releasing lackluster April sales numbers. Even still, the stock is cheap and has come down to its recurring support level as you can see from this chart. Trading at $26 and change, I think there is limited downside and this is the kind of stock that could run to $30 pretty quickly from here. However this is more of a short-term trade for 2 or 3 points, as opposed to a long term investment.