PVH is a company that brings you the brands like Tommy Hilfiger for example. I am looking for this to head back to the down side as we are starting to get into the new year. Bullish case: crossing above the psychological level of 70 this will make some noise as we are currently in high low territory. If there is a strong amount of support, it will retest 72 and 77 levels.
Bearish case: My general thesis, after breaking this support that imbalance candle could lead it into 64-65 level before a retracement. With all indicators pointing to the downside here, I think this is the most probable situation.
Nota
The moment it retested the down trend so quickly after testing it earlier signaled the end.
Sometime you have to take a step back to make a better step forward.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Sometime you have to take a step back to make a better step forward.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.