$DOV very resilient to market weakness, after breaking out of its cup and handle pattern. you wouldn't find many large cap name like this still sitting above its 10MA right now.
Up/Down Volume Ratio 140%
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.
Stock Symbol: DOVETH
Crossover double bottom accumulation
Diversify and use 5% stoploss
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