When Deere ($DE) Moves Investors should Listen
August 16, 2023, 01:15 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DE
- Buy DE slightly over 412.31 target 449.33 stop loss @ 411.12 Details
The technical summary data tells us to buy DE near 412.31 with an upside target of 449.33. This data also tells us to set a stop loss @ 411.12 to protect against excessive loss in case the stock begins to move against the trade. 412.31 is the first level of support below 431.68 , and by rule, any test of support is a buy signal. In this case, support 412.31 is being tested, a buy signal would exist.
- Short DE slightly under 449.33, target 412.31, stop loss @ 450.63 Details
The technical summary data is suggesting a short of DE as it gets near 449.33 with a downside target of 412.31. We should have a stop loss in place at 450.63though. 449.33 is the first level of resistance above 431.68, and by rule, any test of resistance is a short signal. In this case, if resistance 449.33 is being tested, a short signal would exist.
Swing Trading Plans for DE
- Buy DE slightly over 431.75, target 439.66, Stop Loss @ 430.5 Details
If 431.75 begins to break higher, the technical summary data tells us to buy DE just slightly over 431.75, with an upside target of 439.66. The data also tells us to set a stop loss @ 430.5 in case the stock turns against the trade. 431.75 is the first level of resistance above 431.68, and by rule, any break above resistance is a buy signal. In this case, 431.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DE slightly near 431.75, target 412.31, Stop Loss @ 433. Details
The technical summary data is suggesting a short of DE if it tests 431.75 with a downside target of 412.31. We should have a stop loss in place at 433 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 431.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DE
- Buy DE slightly over 431.75, target 438.25, Stop Loss @ 430.74 Details
If 431.75 begins to break higher, the technical summary data tells us to buy DE just slightly over 431.75, with an upside target of 438.25. The data also tells us to set a stop loss @ 430.74 in case the stock turns against the trade. 431.75 is the first level of resistance above 431.68, and by rule, any break above resistance is a buy signal. In this case, 431.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DE slightly near 431.75, target 412.31, Stop Loss @ 432.76. Details
The technical summary data is suggesting a short of DE if it tests 431.75 with a downside target of 412.31. We should have a stop loss in place at 432.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 431.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Deere (DE) available here: DE.
DE Ratings for August 16:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
374.19 |
| P2 |
431.75 |
431.75 |
412.31 |
| P3 |
438.25 |
439.66 |
449.33 |
AI Generated Signals for DE
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Deere (NYSE: DE) report below is a real world example. Included are trading plans for DE, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DE:
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