finding support at the bottom of the channel , big level here see if it breaks below the channel or starts to move back up
NYSE:DOV is on resistance LEVEL on 93 for now, Hoping for strong BULLISH move above $100,right after a small short move. BUY target IS $88.
Sellers have come in because of earnings resulting strong bearish which has made a confirmed lowerr swing high
This stock has completed several ABCD patterns to the upside these past years. Now it seems we are rolling over and a shorting opportunity is presenting itself. My current take on the overall market i am leaning towards a 2 year break consolidation patterns like in 2015-2016 and not a full blown crash like 2008 or 2003. On the very near term i think SPX is...
DOV had a bearish week having the only bullish day on friday. This movement could be just take profit from the short orders. If monday DOV shows a bullish sign like opening with a gap up, I would take the trade. If not, I would wait to see it in 81.50 support level. KL: 84.60 SL: 82.90 TP1: 87.15 TP2: 89.50
DOV- Dover Corporation Daily Look NYSE:DOV