DOV | Long Setup | Technical Reversal + Strong Fundamentals | (May 2025)
1️⃣ Short Insight Summary:
Today we're diving into Dover Corporation (DOV) — a well-diversified industrial name showing signs of a potential reversal. While the macro outlook stays positive, price action is sitting right at resistance, so we're watching for a pullback entry.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around $165 (watch for reaction near value area low)
Stop Loss: $163 (tight, as structure remains bullish)
TP1: $173
TP2: $174
TP3: $185
TP4: $195
3️⃣ Key Notes:
Dover is a solid industrial manufacturer offering a mix of hardware, digital solutions, aftermarket services, and consumables. Revenue sits at $7.75B, with net income at $2.7B, EPS around $17, and dividend yield at 1.18%. The company has a market cap of $23B.
Earnings forecasts are solid on an annual basis, though short-term quarterly estimates hint at a possible dip in Q4 2025. Technically, we’ve been in a corrective downtrend since February, but momentum is returning. Price is currently testing resistance, so a small pullback toward the value area low could offer a great entry if we see a bullish reaction.
4️⃣ Optional Follow-up Note:
I'll update this idea if we get the correction and confirmation bounce. Stay tuned for updates based on price action around the entry zone.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
Today we're diving into Dover Corporation (DOV) — a well-diversified industrial name showing signs of a potential reversal. While the macro outlook stays positive, price action is sitting right at resistance, so we're watching for a pullback entry.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around $165 (watch for reaction near value area low)
Stop Loss: $163 (tight, as structure remains bullish)
TP1: $173
TP2: $174
TP3: $185
TP4: $195
3️⃣ Key Notes:
Dover is a solid industrial manufacturer offering a mix of hardware, digital solutions, aftermarket services, and consumables. Revenue sits at $7.75B, with net income at $2.7B, EPS around $17, and dividend yield at 1.18%. The company has a market cap of $23B.
Earnings forecasts are solid on an annual basis, though short-term quarterly estimates hint at a possible dip in Q4 2025. Technically, we’ve been in a corrective downtrend since February, but momentum is returning. Price is currently testing resistance, so a small pullback toward the value area low could offer a great entry if we see a bullish reaction.
4️⃣ Optional Follow-up Note:
I'll update this idea if we get the correction and confirmation bounce. Stay tuned for updates based on price action around the entry zone.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.