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Analysis: #NYSE $DOV

Case 252 #Dover Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#DOV 1/4
Chart 1
Weekly Chart: The vicious down move seen in the month of March resulted in a loss of half of its value finding support at the 2019 lows, a minor rebound has seen price run into the 2019 #trading range and .....

DOV 2/4
..... is backing off. A #close below 77.00 will see a quick move down towards 69.00-65.80 #support zone and below that much firmer support is seen at 56.87-52.87.

DOV 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$DOV 4/4
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