How the (DOV) price action is used to our Advantage
January 05, 2024, 01:56 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DOV
- Buy DOV slightly over 141.71 target 149.87 stop loss @ 141.3 Details
The technical summary data tells us to buy DOV near 141.71 with an upside target of 149.87. This data also tells us to set a stop loss @ 141.3 to protect against excessive loss in case the stock begins to move against the trade. 141.71 is the first level of support below 148.1 , and by rule, any test of support is a buy signal. In this case, support 141.71 is being tested, a buy signal would exist.
- Short DOV slightly under 149.87, target 141.71, stop loss @ 150.3 Details
The technical summary data is suggesting a short of DOV as it gets near 149.87 with a downside target of 141.71. We should have a stop loss in place at 150.3though. 149.87 is the first level of resistance above 148.1, and by rule, any test of resistance is a short signal. In this case, if resistance 149.87 is being tested, a short signal would exist.
Swing Trading Plans for DOV
- Buy DOV slightly over 148.96, target 149.87, Stop Loss @ 148.53 Details
If 148.96 begins to break higher, the technical summary data tells us to buy DOV just slightly over 148.96, with an upside target of 149.87. The data also tells us to set a stop loss @ 148.53 in case the stock turns against the trade. 148.96 is the first level of resistance above 148.1, and by rule, any break above resistance is a buy signal. In this case, 148.96, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DOV slightly near 148.96, target 141.71, Stop Loss @ 149.39. Details
The technical summary data is suggesting a short of DOV if it tests 148.96 with a downside target of 141.71. We should have a stop loss in place at 149.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 148.96, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DOV
- Buy DOV slightly over 148.96, target 149.87, Stop Loss @ 148.61 Details
If 148.96 begins to break higher, the technical summary data tells us to buy DOV just slightly over 148.96, with an upside target of 149.87. The data also tells us to set a stop loss @ 148.61 in case the stock turns against the trade. 148.96 is the first level of resistance above 148.1, and by rule, any break above resistance is a buy signal. In this case, 148.96, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DOV slightly near 148.96, target 146.55, Stop Loss @ 149.31. Details
The technical summary data is suggesting a short of DOV if it tests 148.96 with a downside target of 146.55. We should have a stop loss in place at 149.31 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 148.96, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Dslightly over Corporation (DOV) available here: DOV.
DOV Ratings for January 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
133.3 |
| P2 |
146.55 |
148.96 |
141.71 |
| P3 |
148.85 |
152.98 |
149.87 |
AI Generated Signals for DOV
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Dover Corporation (NYSE: DOV) data table below can help you with price action, and we have more details too. Trading plans for DOV are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DOV:
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