PVH Corp's stock (PVH) fell in the intraday levels, with negative signals returning from the RSI, as the important resistance of 123.90 held its ground, with the stock hinting at a negative technical pattern in the short term, the Double Top pattern, which will be confirmed if the neckline at the 116.70 support was breached, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

Therefore we expect we stand neutral until the stock moves on the support of 116.70, with a breach confirming  the Double Top pattern, sending the stock towards the support of 109.95. 

Expected trend for today: neutral