For most of the year it looked like PVH (PVH) was in the process of forming a rounded top on its weekly chart. The higher low in October, however, caused the complexion of the chart to change and turned a decidedly bearish roll-over into a more bullish wedge-like formation. That wedge resistance was recently broken and the stock has been seeing follow-through buying. The MacD is moving above a downtrend line of its own and Chaikin Money Flow is well above its centerline, reflecting accumulation.
On the daily chart, the 50 day average can be seen crossing above the 200 day average and resistance is more clearly defined at the $128.00 level. A close above horizontal resistance looks like a long entry point, with a position size that accommodates a trailing stop under the rising trend line drawn off the October/November/December lows.