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Today's Hot Stock: Dover Corp (DOV) 19-Apr-2011

Apr. 19, 2011 2:24 PM ETDOV
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Hello trader here is our hot stock for today.

The hot stock is Dover Corp (DOV). The stock price just rebounded from its bullish price channel's support and is now going up. The 20 days simple moving average is ready to cross above the 50 days simple average, as well as the MACD indicator where the fast line is ready to cross above the slow line and the histogram is going up too. The last indicator is slow stochastic which rebounded from its oversold area and is now starting to go up. All indicators say to buy this stock and I think the stock price could reach its resistance at around $72.


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