Daily Stock Setups

Dover (DOV) Price Target Raised Alert, Watch for 22.3% Technical Uptrend Continuation

Posted on: Tue, 17 Nov 2009 09:23:00 EST

Symbols: DOV

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Nov 17, 2009 (SmarTrend(R) Spotlight via COMTEX) --
DOV | Quote | Chart | News | PowerRating -- Dover (NYSE:DOV) reiterated Buy, target raised to $48, at Deutsche Bank. The stock closed yesterday at $42.87 on volume of 1,783,000 shares, above average daily volume of 1,542,967.

Dover is currently above its 50-day moving average of $38.74 and above its 200-day moving average of $33.04.

SmarTrend is bullish on shares of DOV and our subscribers received an Uptrend alert on July 21, 2009 at $35.04, which has returned 22.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Dover Corp (DOV) DOV. Dover Corp (DOV) has Short Term PowerRatings at TradingMarkets. Details on Dover Corp (DOV) Short Term PowerRatings is available at This Link.

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