The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Reversal pattern. Price likely to break downwards.
Consolidation. Can break either way.
Bullish continuation if preceding move was up.
Bullish continuation pattern.
DOV is showing interesting structural developments at $218.48. With a last close of $218.48, volatility remains active (-0.35%). The primary technical feature is a Bullish Flag formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $220.3, targeting $259.78 with support near $204.13 (R:R 2.44).
What is your outlook on DOV?