ElliottWaveBelgium

DOV - Breaking out of consolidation. Great R/R ratio!

Long
NYSE:DOV   Dover Corporation
I will keep this simple.

We got a new all time high breakout, followed by a nice consolidation from which we are now breaking out.

You can look to buy at current level or wait for a move above yesterday's high if you like and keep it as long as price remains above 120.

I'm not putting any target zone for now, as I suspect this could turn into a more long term position.

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