Nov. 14 at 3:24 AM
$DOV is currently trading at
$181.97, showing a bullish market context with an RSI of 62.19, indicating momentum but approaching overbought territory. The price is above both the 30-day MA of
$173.34 and the 50-day MA of
$172.48, suggesting strong upward momentum. The 60-day high of
$187.52 provides a potential resistance level, while the 60-day low of
$158.97 establishes a solid support base.
Directional bias is bullish due to the price action above key moving averages and the recent high.
Suggested entry is at
$182.50, just above the last close to confirm upward momentum. Set a stop loss at
$178.50 to manage risk.
Target 1 is
$185.00, just below the 60D high, and Target 2 is
$187.00, aiming for a breakout above the recent high.
Monitor RSI for signs of reversal as it approaches overbought levels.
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