$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 with an expected accuracy of 85.71%.
0R2P trade ideas
Beginning Wave V of Impulse off July LoEnd goal is 506-510 by as early as April, but more likely May
Near term there is a decision point at 434 that will at least be tested for breakout in the coming weeks. If it breaksout expect 450, then pullback to test 434 for support, then finally move to low 500s.
Risk is definitely present with the possibility of filling gap down to 404.97; however, assume wave V is realized then it would be proceeded by a corrective wave to apprx. the wave IV low (in this case it would wait and fill gap down then and not now).
Highly recommended stock long-term based on my research on the company, IBD has 448.50 as the Buy-Point. DE impressed on earnings on Feb. 17, which can act as near-term catalyst if buyers pile in on this 0.618 pullback.
Not Financial Advice, but this is a Buy atm.
Oh dear, did you miss Deere & Co ?The weekly chart looks impressive with a strong rally since March 2020....
It is now in a peak zone where the probability of it retracing to 397 price level is quite high.
Once it reaches there, wait for bullish signal before going LONG. If it falls further to 284 to 321, that would be much more attractive price to get in.
DE Stock to watch DE is a stock to watch. Showing relative strength in a strong sector. Like it long in the green box with targets at the recent high and Fib extensions above. Aggressive stop would be just below green box. Longer term holders could use the 618 Fib RT on a deeper pull back.
Bull flag breakout on Deere and CompanyBull flag breakout on Deere and Company. I will wait to see if there is a retest of the upper trendline which was acting as resistance
DE Deere & CoDE (Deere & Co aka John Deer) is seeing a correction move lower off its recent highs. Momentum lower will target the $400 to $350 area. Risk Identified between $300 and $250. A sustained move above the November high at $448.40 would challenge the Bears....
Ag Sector (DE and AGCO) trading inline with Ag Commodity FuturesThe peak highs in DE and AGCO during bullish markets tend to coincide with the highs in Corn Futures.
DE (Deer & Co) and AGCO are attractive growth and dividend paying stocks that do well in steady to strong economies even without strong Ag futures markets because of their exposure to the construction and infrastructure sectors . They tend to over-perform in years of Bullish Commodity Markets and Inflationary driven markets just as they have done since the 2020 lows. But just like Ag Futures, the stocks rise Fast and Fall hard. If the Funds decide to leave one (either equities or futures), the other seems to follow lower.
$DE - tightening upAgri name $DE tightening up, readying for move higher. Trading near all time highs. Stock is at important level on long term weekly chart.
$DE setting up$DE trendline and horizontal pivot confluence as it tries to resume its uptrend from its 50 MA
$DE to 330$?Hello dear Traders,
Here is my idea for #DE
Price closed below yellow line (previous month low)
Targets marked in the chart (green lines)
Invalidation level marked with red line
Good luck!
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DE SELL+++++I would add on any upward trend every $5 in share price. DE is overextended and approaching a double top. I would expect a correction to fill the gap at $40.235 and $387 is cloud support.
Double top on Deere & Company (DE)With Caterpillar and Deere both reporting stellar earnings and DE being up 57% in last 5 months, add the double top to the mix, this seems like a great opportunity to start a small size short position for both short term and long term swing traders. Short term, we could see a pullback to 400$, long term, this is going back to minimum 300$ within the next year.
Rising WedgeEarnings beat.
Bearish Rising wedge pattern that is not valid until bottom line is broken.
Price has broken up and out of the wedge. This pattern can stay bullish for a while.
No recommendation.
oh Deere oh Deere getting some conflicting signals maybe it wants to squeeze to $420 but it's encouraging a diamond with a potential to really take a nose dive... GL trade safe not saying i don't believe in them in the long term, but the short term could really bring some pain. I believe in their robotics and AI development as well as the need for farming to make huge upgrades in machinery over the coming years, but best to stay on the sidelines here and wait to plant some seeds another day imho.
Earnings 11-23 BMOEarnings on the 23rd BMO.
Price hit C in an ABC Bullish pattern and it was off to the races.
A rising wedge has formed that is not valid as the bottom trendline has not been broken.
Rising wedges can stay bullish for quite a while. Neutral until broken.
The wedges are also on hourly.
Possible targets in green valid if price does not break the support or bottom line of the rising wedge it has been in since C is not broken.
Target 1 in larger green type. It is very possible to break up and out of a Rising Wedge. Personally I steer clear of them unless I am already in a security when a wedge forms.
If I am already in I tighten my stop so I am not caught in the fall.
I do not have the .236 marked on this chart, but price is above it.
No recommendation.
Safety is free so use plenty of it (o:
DE daily bearish hammer not too late for an entryDE daily bearish hammer not too late for an entry gotta be quick before earnings
John Deere Short Trading at the top of a 2 yr range.. showed some heavy selling yesterday and I expect a follow up today..
My short term target would be 373 or daily 21ema..
If it drops below 373, 351 then 321...
The 373 could be a swing trade but this is overall a long term short (60days) .
It all depends on how fast the Dow Jones sells
Short idea #6Hey, I think DE drops, and significantly so. I've made posts on this name before, and it has held up better than expected. Sincerely doubt that will last. I'm not shorting yet, but I'm posting my idea ahead of time. I WILL short this when SPY hits $390
Deere in the Headlights?Deere has been one of the better-performing members of the S&P 500 since the summer, but now it could be hitting resistance.
The main pattern on today’s chart is the falling parallel channel along the highs of April, August and October. The farm supplier probed that resistance on Friday before reversing along with the rest of the market. Could it now push lower into the channel?
Second, notice how the rejection occurred at the 50-day simple moving average (SMA) and 200-day SMA. Failure to remain above those SMAs could reflect a bearish trend.
Third, stochastics are dipping from an overbought condition.
Finally, other agricultural stocks like Mosaic and CF Industries fizzled last week after trying to rally. A continuation of that trend could potentially weigh on DE.
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DE -- Long--Bullish candle on CPI report
--hold on tight for a couple days on 21, 50, 200 ema(s)
--Re-claim 200 ema
--Breakout from W pattern 3 days ago, awaiting for CPI report
--Cut loss at 7%, gain 2:1 ratio
--Avoid if choppy price action
--Entry above 1.25-2% (play safe)
--MACD show entry for couple of days, RSI above 50
--MACD shows strong momentum
--Small gap above at lower target need to be fill
Will it retest 300 soon?Looks bearish. Most likely retest 300 soon. Right at weekly resistance now. Most likely will be rejected.
Inverted H&S - Right ShoulderInverted Head and Shoulders pattern showing the right shoulder for a potential breakout
This is within an expanding structure
Daily chart
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.
