Trading Deere $DE With Integrated Risk Controls
September 13, 2023, 19:45 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DE
- Buy DE slightly over 371.35 target 409.76 stop loss @ 370.28 Details
The technical summary data tells us to buy DE near 371.35 with an upside target of 409.76. This data also tells us to set a stop loss @ 370.28 to protect against excessive loss in case the stock begins to move against the trade. 371.35 is the first level of support below 402.9 , and by rule, any test of support is a buy signal. In this case, support 371.35 would be being tested, so a buy signal would exist.
- Short DE slightly under 409.76, target 371.35, stop loss @ 410.94 Details
The technical summary data is suggesting a short of DE as it gets near 409.76 with a downside target of 371.35. We should have a stop loss in place at 410.94though. 409.76 is the first level of resistance above 402.9, and by rule, any test of resistance is a short signal. In this case, if resistance 409.76 is being tested, so a short signal would exist.
Swing Trading Plans for DE
- Buy DE slightly over 404.84, target 409.76, Stop Loss @ 403.67 Details
If 404.84 begins to break higher, the technical summary data tells us to buy DE just slightly over 404.84, with an upside target of 409.76. The data also tells us to set a stop loss @ 403.67 in case the stock turns against the trade. 404.84 is the first level of resistance above 402.9, and by rule, any break above resistance is a buy signal. In this case, 404.84, 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 404.84, target 371.35, Stop Loss @ 406.01. Details
The technical summary data is suggesting a short of DE if it tests 404.84 with a downside target of 371.35. We should have a stop loss in place at 406.01 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, 404.84, 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 404.84, target 409.76, Stop Loss @ 403.9 Details
If 404.84 begins to break higher, the technical summary data tells us to buy DE just slightly over 404.84, with an upside target of 409.76. The data also tells us to set a stop loss @ 403.9 in case the stock turns against the trade. 404.84 is the first level of resistance above 402.9, and by rule, any break above resistance is a buy signal. In this case, 404.84, 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 404.84, target 402.22, Stop Loss @ 405.78. Details
The technical summary data is suggesting a short of DE if it tests 404.84 with a downside target of 402.22. We should have a stop loss in place at 405.78 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, 404.84, 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 September 13:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
371.35 |
| P2 |
396.87 |
404.84 |
409.76 |
| P3 |
402.22 |
422.79 |
447.24 |
AI Generated Signals for DE
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Deere (NYSE: DE) report below can help you, but we have more details too. The trading plans for DE, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for DE:
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