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Deere

CAT Swing Long Reversal UPDATECAT is now bottoming for a SALE just in time for seasonal construction and agricultural upticks. The long view is a long uptrend that started in September and ended with a lousy earnings report in early February. The beatdown is now ending perhaps for fundamental reasons including CAT has cash and down not need high-interest rate costs. See the chart for the analysis. See also the previous idea. Check DE. I see this as an intermediate-term swing long or investment or a good choice for a long expiration call contract of options.
NYSE:CATLong
by AwesomeAvani
Deere and Co Continues to Meet with Gravity. DEWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:DEShort
by Rykin_Capital
DE Deere weekly short ideaDeere recently reported earnings causing sellers to step in last week for a -6% rejection on an attempted box breakout. In my opinion, Deere looks like distribution and at the very least, should continue to see more downside in the coming weeks - Typically after a failed breakout price should retest lower box support or $327 zone. With Russia / Ukraine, CPI and Fed rate hike head winds, I like the R/R on a short trade here. I'm in APR $350 Puts with -25% premium stop, target is $327 zone.
NYSE:DEShort
by FriscoTrades
Deere in HeadlightsOn the monthly, weekly, and daily, DE does not look good. It may seem like a Bull pennant but I believe this is a long distribution. The newest weekly close is a rejection of the top trendline. I expect it to retest the bottom of the trendline and, if the overall market is doing poorly, then DE will fail to bottom out and fall off a cliff. Price action is the biggest determinant here. The RSI, MACD, and moving averages do not suggest a bullish breakout but are more lukewarm in their current status. The newest weekly candle closing bearish is, for me, a signal that DE will now fall.
NYSE:DEShort
by nathanielandrep
Is DE oversold? Yes!It looks like DE is extremely oversold, and this might be interesting. We have a divergence on the RSI in the 30min chart. It is not the best, but it is a start. We also have a rounded bottom idea, and only DE loses its bottom the trade will fail. Small stop-loss, high reward. The RSI in the 4h chart is extremely oversold as well, and DE went outside the BB for a moment, and now it is closing inside them again. All of this is occurring near a support area at 331. It is a very risky “buy the dip” kind of trade, but DE can bounce back to the 350, and this makes a good risk-reward for me. Always remember, it is oversold, but this doesn't mean it can't drop more, so, always protect yourself, and use tight stop-losses! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:DE
by UnknownUnicorn21312077
Long ATM Straddle John Deere with LOW IVR = CHEAPWe purchased an at the money straddle for a small debit of only 3.22. This trade is notably cheap because the IVR is extremely low: 2%. Being a long straddle (buying the calls and puts at 165), we are giving ourself unlimited profit, risking a limited $322 per contract. We take our neutral position because of the positive characteristics of the trade itself, but the fundamental conditions further our thought. With an equity value of over 51 billion, John Deere is a company with significantly large exposure to China, and Chinese trade tensions. Also, interest rates have a somewhat direct effect on the profitability of this corporation. Financial Services comprises 9.2% of Deere's market cap, so as cuts in July become more of a reality, the profitability of the Financial Services division will be affected, possibly drastically. Lower rates mean lower borrowing costs for Deere, and could cause the stock to move outside of the breakevens to lead to profits. Also, the technicals indicate the high possibility of large movements prior to maturity. The RSI, MFI and Stochastics all indicate an overbought sentiment, and the DMI DI+ and DI- indicate change in direction. The PSaR also has recently switched direction.
NYSE:DE
by LaurenTrading
Shorting Deere's (DE) dead cat bounce!In the middle of May, Deere reported earnings during what was a massive cascading sell-off in its stock. Their main issues for poor guidance were the China tariffs and the fact that they had begun to hurt the revenues of farmers and therefore the machinery that Deere sold to farmers. The stock took yet another spill after earnings and managed to bottom around $132 before embarking on an impressive 17% rally in 20 trading sessions. Today, at the top of this rally, Baird came out and upgraded the stock! I believe this is a prime example of analysts being late to the party as the upgrade has forced the stock to rally right into previous support (now resistance in the 154-155.50 level. The China situation has only gotten worse and farmers continue to struggle despite Trump's many attempts to inject cash into their pockets. I believe we can short DE between 153.50 and 155.50 with the following parameters: Target 1: $147 Target 2: $132 Stop: 158
NYSE:DEShort
by TradeWithAdam
DE: Earnings Stock of the Day Deere & Company is one of the last to report earnings of the Dow 30 components today. High Frequency Trading firms (HFT) focus on blue chip earnings reports. DE is holding above the topping completion level for now but remains in a volatile trading range. All black lines on this weekly chart were drawn in the last quarter. Bounce support areas are defined in red. Although farm and construction equipment (mostly construction equipment) has been in high demand over the past couple of years as the US economy enjoyed its final expansion mode, that demand has declined since early this year. Deere is dependent upon construction cycles. Construction Cycles are dependent on the Real Estate Cycle, which is trending down to trough. Many real estate companies are finding it very hard to unload inventories of homes and commercial properties.
NYSE:DE
by MarthaStokesCMT-TechniTrader