benjihyam

$DE Deere and company back to the $200s?

Short
NYSE:DE   Deere & Company
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.

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