Is Under Armour About to Get Sonned By Nike?

It is an interesting topic, one which I am sure Under Armour's January 31st earnings will shed more light. 

But note UAA breaking below $30 today, a short idea we had for Members the last week or so, while Nike is off to a decent start in 2017. NKE may be emerging from a multi-quarter falling channel, while UAA still looks ripe to head on lower.

Is UAA about to "get sonned"? Clearly retail plays are in only-the-strong-survive-mode.

More after the bell in my recap.