PVH price tries to recoup some losses – Forecast today
American International Group’s stock price (AIG) fell in the intraday levels on profit-taking, while trying to gather momentum to pierce the current resistance of $84.00.
It comes amid the dominance of the main upward trend, while trading alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to return higher, provided the support of $80.80 holds on and the resistance of $84.00 is reliably breached, thus targeting the next resistance of $88.00.
Today’s price forecast: Likely Bullish
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