Milestone F.I. LLC
- approved a 2-for-1 stock split
- pre-market open Tuesday may have potential in the 86 to 86.60 area. Buyers funneled in steady volume support off the 85.82 area up to 86.25, a range that could have potential as a near-term floor support early Tuesday and perhaps see some attempts to climb back into the mid-86s.
- beating Q4 expectations and issuing mixed guidance
- near-term historical data and PVH's decent tendency to add to after-hours gains in next-day action opens the the door for longs to watch the shares Tuesday, but we would still be cautious on the upside as the 62 level stood as a ceiling level through much of tonight's trade. Buyers established a tentative floor support Monday night at 61 to 61.50, an area longs may want to eye as a range that could see bumps back toward 62, or perhaps makes some early morning attempts from here to breach the 62 mark.