DE Bounce Off Trendline Resistance - Bearish 1) Bounce off trendline resistance
2) Indicators maxed out showing reversal back down is likely
DED trade ideas
Oh Deere!!! Option stratBelow the 200ma left out in the cold parabolic sars start shining in the night sky like little pin points of the cosmos crying. The MACD fell below the signal - leaving the little Deere to suffer and ushering in a time of depression - a dark dark place but hey it’s GREAT FOR OUR WALLETS!!! oh yah liking the
8-13 $360 puts. Price Target $353-352
Riding this one down I’m short shares @ 341.
Hoping for a retest of the 200 ma
Best case would be the 61% reverse fib around 280-200
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!
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See you soon,
Melissa.
$DE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DE after a Positive under reaction following its earnings release placing the stock in drift A
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$DE pulling back down to Fibonacci support levelsDeere earnings on 5/21
- has fallen in price due to market weakness
- investors likely will runup stock prices to ER and maybe beyond?
- Long-term hold or options play.
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Buy Area - EMA 40EMA 40 already supported this long uptrend in the past.
Worth wait for that.
Rising Volume during this pullback
Bullish Projections for $DE through April 15 Projections for $DE through April 15 - likely $405 - $477 - C is likely trouble zone; using Gann Square, Gann Fan, Channels, and Donchian Zig-Zag NYSE:DE
- Not financial advice and relatively little knowledge :)
DE 🌦No immediate pattern on DE. No plays just yet. The last pattern formed an irregular flat Elliot correction wave.
***This does not constitute financial advice***
$DE Majorly OverboughtThe bull case for DE has been trending since the selloff in 2008.
Looking for a correction any time now as the RSI is near 2007 levels.
What goes up must come down.
$De with a bullish outlook following its earnings #stocksThe PEAD projected a bullish outlook for $DE after a positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
DE- Earnings guess of the dayAbout 50/50 on earnings this quarter, wish I had noticed this earlier this week.
Is DE making cloud based tractors? I have no idea why it's at this price level, even dividends can;t justify it considering 10 yr yields are up.
Sum bitch John Deere Tractor wins again Plant seed and gather fruit... Find hammer and make the loot
Long DE Strong closing daily candle at new all time highs. Likely back test previous resistance to test as support, then off to the races in price discovery mode. Watch out for earnings coming in roughly 1.5 weeks.
DE - Consolidation breakout playDE has been consolidating in range for quite some time and looks ready to pop. ARK has been accumulating shares, and the OI on the 12/18 260c is relatively high.
Breakout line and stop-loss has been marked. This play could potentially take some time to play out, but based on the relative options volume %, it seems likely that it can break out this week as long as the overall market is healthy.
Nothing Runs like a DEEREreally nice price channel and trend why would you realistically be selling this i think everyone talking overvalued is gibberish here PT 320
