Deere & Company

$DE This pullback in industrial's could be a opportunity.

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DEERE HAD JUST HIT A 52 WEEK HIGH WHEN SENTIMENT TURNED AGAINST THE SECTOR. SINCE THEN SOME SELLING HAS TAKING CONTROL BUT THIS COULD BE A PERFECT BUYING OPPORTUNITY HEADING INTO EARNINGS. WE AWAIT A CHANGE IN SENTIMENT AND MORE POSITIVE PRICE ACTION AND INDICATORS TO CONSIDER A LONG. DEERE IS QUITE DEPENDENT ON A RESOLUTION TO THE TRADE TENSIONS WITH CHINA SO ANY NEGATIVE NEWS ITS A SHORT.

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