Learn to Evaluate (DE) using the Charts
October 07, 2024, 20:26 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DE
- Buy DE near 386.03 target 409.68 stop loss @ 384.92 Details
The technical summary data tells us to buy DE near 386.03 with an upside target of 409.68. This data also tells us to set a stop loss @ 384.92 to protect against excessive loss in case the stock begins to move against the trade. 386.03 is the first level of support below 406.04 , and by rule, any test of support is a buy signal. In this case, support 386.03 is being tested, a buy signal would exist.
- Short DE slightly under 409.68, target 386.03, stop loss @ 410.86 Details
The technical summary data is suggesting a short of DE as it gets near 409.68 with a downside target of 386.03. We should have a stop loss in place at 410.86though. 409.68 is the first level of resistance above 406.04, and by rule, any test of resistance is a short signal. In this case, if resistance 409.68 is being tested, a short signal would exist.
Swing Trading Plans for DE
- Buy DE slightly over 407.59, target 409.68, Stop Loss @ 406.41 Details
If 407.59 begins to break higher, the technical summary data tells us to buy DE just slightly over 407.59, with an upside target of 409.68. The data also tells us to set a stop loss @ 406.41 in case the stock turns against the trade. 407.59 is the first level of resistance above 406.04, and by rule, any break above resistance is a buy signal. In this case, 407.59, 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 407.59, target 386.03, Stop Loss @ 408.77. Details
The technical summary data is suggesting a short of DE if it tests 407.59 with a downside target of 386.03. We should have a stop loss in place at 408.77 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, 407.59, 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 406.72, target 407.59, Stop Loss @ 405.77 Details
If 406.72 begins to break higher, the technical summary data tells us to buy DE just slightly over 406.72, with an upside target of 407.59. The data also tells us to set a stop loss @ 405.77 in case the stock turns against the trade. 406.72 is the first level of resistance above 406.04, and by rule, any break above resistance is a buy signal. In this case, 406.72, 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 406.72, target 402.35, Stop Loss @ 407.67. Details
The technical summary data is suggesting a short of DE if it tests 406.72 with a downside target of 402.35. We should have a stop loss in place at 407.67 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, 406.72, 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 & Company (DE) available here: DE.
DE Ratings for October 07:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Strong |
Neutral |
P1 |
0 |
0 |
361.09 |
P2 |
402.35 |
407.59 |
386.03 |
P3 |
406.72 |
417.72 |
409.68 |
AI Generated Signals for DE
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Deere & Company (NYSE: DE) report below can help you understand how to do this. The trading plans for DE, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DE: