Deere and Co Continues to Meet with Gravity. DEABCD completed, reverse confirmed by break of trendline. Fibonacci for incoming retracement, and it already looks like this was an early catch.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Deeresell
Oh Deere!!! Option stratBelow the 200ma left out in the cold parabolic sars start shining in the night sky like little pin points of the cosmos crying. The MACD fell below the signal - leaving the little Deere to suffer and ushering in a time of depression - a dark dark place but hey it’s GREAT FOR OUR WALLETS!!! oh yah liking the
8-13 $360 puts. Price Target $353-352
DE - Time to Sell? DE has just broken below the 9 day and 50 day MA and has ended on a BE candle.
The RSI seemed to be trying to break above the 50 level, but it got rejected. It's been hovering back and forth in the same range for a while now - I'm tempted to take a sell position, with a SL of 110.20 -