Rectangle TopBottom trendline broken.
Targets possible to the downside are underneath rectangle which is a neutral pattern until a trendline is broken
No recommendation.
Short percent is low at .86%.
Earnings 8-19 AMC
DCO trade ideas
Oh Deerei wouldnt touch this until it loses half of its value. accumulate sub $200 and you shoudl be good to go
DE looks like it will follow the ways of many others before itAfter March 2020, everything was bought up moving stock to ATH quite quickly, most have given back those gains and more, while others are hovering with a heavy weight to bear.
#TRMB $TRMB what a lovely bounce off support <3 as expected the extreme support zone held, bulls hold the control for now! lets target 374-438.58 on the next rally
DEPretty nasty reaction to earnings last week. Ended up turning that triangle breakout into a false breakout. Trying a small put position here against this week's highs.
DE gap + Bear FlagDE gapped below $400 with some strength and now a clear bear flag is formed.
Ideally I would like to see some more consolidation inside the flag, however keep an eye in which direction this will break to.
Above, could try to fill the gap to $400
Below, could test $372 and $362 levels
$DE with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 42.86%.
Short $DE from 313 (or where ever it opens today)$DE was trading sideways in 320-400 range and attempted a break out above. I was actually looking for this move, but did not get into the trade because I didn't have a target to the upside. Shortly after, it crashed and broke down below 320. Now we have a target to the downside, as there are practically no support until 180.
Entry: 313 (or in that area. One could hope for a green open and short it around 320)
SL: 356 - this will be adjusted according to entry. I will update.
TP: around 185 - this will also be adjusted according to entry.
I like my risk/reward ratio around 3, so everything will be adjusted around this.
Point of no returnToday likely seals the deal on the point of no return from the greatest bear market four generations of humanity are about to witness. Fall of the ancient DOW and one of its oldest poster children DE seals its fate. Protect cash. Follow the best bear market players. Good luck to all.
See ya at $150Once it loses $335, it could slide towards 150... my dear friends, buckle up, we are about to land !!!
$DE Deere and company back to the $200s?Deere and company looks like it's rolling over from a breakout above resistance at $392. If price breaks back below the blue trendline, then it sets up the possibility for sharp downside in the coming weeks.
I think that we'll likely find support at $276 which is the 50% retracement from the move. Let's see how it plays out.
DE Expecting further upsideDE has a beautiful chart. I broke out recently and has re-tested the breakout point already and pushed back up. I like this for a move back to the ATH and potential move to the 1.618 Fib and higher.
Do not want to see it move back below the breakout point.
3/27/22 DEDeere & Company ( NYSE:DE )
Sector: Producer Manufacturing (Trucks/Construction/Farm Machinery)
Market Capitalization: $133.896B
Current Price: $436.45
Breakout Price (hold above): $436.40
Buy Zone (Top/Bottom Range): $432.50-$421.20
Price Target: $448.80-$450.00
Estimated Duration to Target: 10-12d
Contract of Interest: $DE 4/14/22 450c
Trade price as of publish date: $5.55/contract
John Deeremore like john wick with that attitude, insane downside for this asset, keeps being pumped by bums on stocktwits i guess, who knows whats happening over there. Not saying its going here, but once it does break strucuture this would be an area it targets. good luck traders
Tractors to the dirtwere up here in price discovery should be pretty smooth sailing, if we drop back down then we have a ways to fall. wouldnt be surprised to see these levels retested.
Update: Deere & Co - Bank 1/2 Profits Strong run since last week Monday. $389 to $431 at last night's close (high of $435 intraday).
Bank half of your profits here.
Original idea attached.
How is this stock cost more than the tractorshow in the world is this stock 400 bucks but tracktors they sell cost less than that, to the dirt! jk there just on this huge rally its gotta fall back to retest at some point
Buy me some Deere Corn!No need to get too cute with Deere technical analysis or even fundamentals. Corn is king and soybeans follow suit to ultimately be the driver of bigger Deere stock movements. If you wanna play the ags, reduce your risk to single stock exposure and buy an ag etf instead (e.g.DBA AMEX:DBA .)
$DE Weekly Breakout.I really like this setup here. Deere & Company consolidated for about two years and then moved to the upside for a 120% gain over the next year. Then it rested and digested those gains for about ten months. This week $DE broke out of the consolidation on heavy volume. What I really like about this breakout is the previous week saw heavy selling volume signifying the remaining sellers exited their positions. A doji candle formed suggesting indecision on behalf of traders. Well, it looks like the decision has been made to the upside. RSI is also positive and pointing upwards. I like $DE with a short to medium term 20% upside based on the width of the base. A close below $400 would be bearish and the thesis would be invalid IMO. A more aggressive stop would be the high of the 3/15/21 weekly candle. $392.42.
Full Disclosure: I am long $DE.
